“压舱底的资产要握在自己手里”！德国、意大利被敦促将黄金撤出美国

Core Viewpoint - Germany and Italy are facing increasing calls to repatriate their gold reserves stored in the U.S. amid concerns over geopolitical risks and the independence of the Federal Reserve, with over $245 billion worth of gold stored in New York [1][2]. Group 1: Historical Context - Germany and Italy hold the second and third largest national gold reserves globally, with 3,352 tons and 2,452 tons respectively, primarily stored in the New York Federal Reserve for historical reasons [2]. - The accumulation of gold reserves by Western European countries occurred during the post-World War II economic boom, reflecting trade surpluses with the U.S. and serving as a hedge against potential Soviet threats [2]. Group 2: Political Support for Repatriation - The idea of repatriating gold is gaining support across the political spectrum in Germany, with figures from both left and right advocating for the return of gold to ensure control without third-party risks [3]. - In 2013, the German central bank decided to repatriate half of its gold reserves, transferring 674 tons from Paris and New York to Frankfurt, although 37% of its reserves remain in New York [3]. Group 3: Italy's Policy Shift - Italian Prime Minister Giorgia Meloni, who previously supported the repatriation of gold reserves, has remained silent on the issue since taking office, likely to maintain a friendly relationship with the U.S. [4]. - Current sentiments within Italy suggest that the geographical location of gold storage is of "relative importance," despite concerns about the reliability of the U.S. under the Trump administration [5]. Group 4: Institutional Perspectives - The German central bank emphasizes that it will regularly assess the storage locations of its gold reserves based on safety and liquidity, maintaining that the New York Federal Reserve is a trusted partner for gold storage [5].