[KarlInOhio]

During the Cold War the European countries considered a Soviet invasion of foreign countries to be so great of risk that they kept their gold in the US rather than at home. Now that Russia actually is invading and conquering sections of other counties, the Europeans would rather have their gold closer to Russia and away from us. What does that say about their opinion of us and our government's grabbiness.

[Lonesome in Massachussets]

That’s the whole point.

The U.S. was once regarded as a lawful, honest, trustworthy, socially stable and militarily invincible haven.

Now, not so much.

[DesertRhino]

It says that no European in their right mind believes Russia has the slightest intent on invading Europe. Fantasies that Crimea hadn’t been Russian since Catherine Great notwithstanding. Bringing their gold out of our kleptocracy is very rational.

They know the score. Incidentally, it also says that they think gold may become important for some reason. Almost like they think fiat money won’t last forever.