The Gold Rush OUT Of The US 9/14/26
Speakers
Guy Adami
— Trader
John McCluskey
— CEO, Alamos Gold
Jessica Edinger
— Anchor
Steve Liesman
— Senior Economics Reporter
Summary
CNBC's Your Money Minute discusses a trend of countries repatriating physical gold from the US, citing France moving about 129 tons and the Netherlands announcing roughly 80 tons. Guy Adami calls the trend a warning sign tied to geopolitical risk and de-dollarization, while John McCluskey says it signals less confidence in storing gold in the US. Steve Liesman says to watch whether the shift carries a financial cost.
- France reportedly moved about 129 tons of gold out of New York.
- The Netherlands announced roughly 80 tons of gold repatriation.
- Guy Adami calls the trend a warning sign and a de-dollarization story.
- John McCluskey says moving bullion signals less confidence in US storage.
- Steve Liesman says to watch for a possible financial cost.
- The segment frames gold repatriation as a geopolitical confidence issue.
Ideas
Gold repatriation signals de-dollarization warning.
Countries including France and the Netherlands are repatriating physical gold from New York, which he calls a warning sign. He frames this as a physical gold story driven by geopolitical risk and de-dollarization, making gold a developing macro asset to monitor as central banks reduce confidence in US-based holdings and dollar dependence.
