Stock scream room

[ochotona]

If I were a Central Bank, I'd want my gold the heck out of Manhattan.

[Smith1776]

Me too. Wasn't it Germany that tried to get some of its reserves back from the Fed bank in New York and it took years just to get a partial repatriation?

[Jack Jones]

Me too. Wasn't it Germany that tried to get some of its reserves back from the Fed bank in New York and it took years just to get a partial repatriation?

France IIRC.

[dualstow]

What I read was that it was Germany, but from vaults in Paris and New York.
Also, Serbia and Italy and earlier, Poland and Romania.

[Jack Jones]

Here is what I was referring to:

On August 5, 1971, the United States Congress released a report recommending devaluation of the dollar in an effort to protect their currency against "foreign price-gougers".[10] Also in August, French president Georges Pompidou sent a battleship to New York City to retrieve French gold deposits.

[dualstow]

ohhhh. I thought you guys were talking 2025.

[Smith1776]

I didn't realize that the current Shiller P/E was so high...

Screenshot 2025-10-22 214214.jpg (50.47 KiB) Viewed 101 times

[dualstow]

Yeah, they’ve been chattering about it on b’h

[ochotona]

many valuation models, wide dispersion, but median is roughly 0% over the next decade.