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It's in the article; They sold gold in NYC and with that money bought gold in London.
by jsiepkes 14d ago
It's in the article; They sold gold in NYC and with that money bought gold in London.
- mapleoin 14d agoBut how did they move the money between NYC and London?
- sprremix 14d agoThe article also mentions a physical movement: "A total of more than 27 tonnes of gold was physically transferred from the locations in North America to DNB Cash Centre in Zeist, Utrecht, between March and August. Another 59 tonnes of gold kept in New York was also sold off during this time, while the equivalent amount of gold was purchased in London." They do not explain _how_ it was moved, though.
- lostmsu 14d agoWho bought it?