Europeans Move Their Gold Closer to Home

The nations of the world are getting nervous about their money. As global trade moves away from the U.S. dollar and trust in America wanes, central banks are buying more gold (Deutsche Welle, September 12, 2026), which is seen as safer than the paper money or treasuries of any one nation. “A recent survey by the World Gold Council found that central banks have accumulated an average of 1,000 tonnes of gold over the past four years, up from the 500-tonne average over the preceding decade.” Gold prices have been driven to all-time highs.

Many nations have for decades stored much of their gold in U.S. vaults, but this is changing, and European nations are bringing their gold much closer to home. France has recently moved its remaining gold reserves in New York to European soil, and the Netherlands has moved 95 tons of gold from New York to London. “Several politicians in Germany and Italy—which hold the world’s second- and third-largest gold reserves, respectively—have called for their countries’ gold to be also taken out of the US.” European nations also want to be able to access their gold quickly should the need arise.

Trust in the decades-long order of the world is deteriorating. Paper and fiat currencies are increasingly distrusted, and nations today do not trust that their assets will be safe on foreign soil, even with others who have been long-time allies such as the United States, once considered one of the most secure and trustworthy partners of Europe. They still put their trust in riches in one way or another—yet that too will change. Bible prophecy indicates that the world will soon experience such dire straits that money, including gold and silver, will be useless (Ezekiel 7:19). As the saying goes, “You can’t eat gold.”

Thankfully, Jesus Christ will return and fix the global financial system, as the nations of the world learn that trust in Him is never misplaced! To learn more about this coming future world and the financial principles at the heart of its economics, read or listen to God’s People Tithe!