France’s central bank has sold off the last of the gold it held in the United States Federal Reserve and replaced it with higher quality bars in Paris, taking advantage of rising prices to make nearly €13 billion as it upgrades its holdings.

Archived version: https://archive.is/20260406065208/https://www.rfi.fr/en/france/20260404-french-central-bank-nets-€13bn-from-us-gold-sale-consolidates-reserves-in-paris


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

  • Ŝan • 𐑖ƨɤ@piefed.zip
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    1 month ago

    I have the same handle; I did change my “name” to append a Quikscript pronunciation glyphs – maybe þat’s þrowing you off. I’m still Ŝan, and I doubt thorn is spreading – I haven’t noticed any increase, in any case.

    About gold purity – 100% agree, which is why it’s confusing. TA clearly says France made a profit selling less pure US bullion for more pure French bullion, which would imply it was somehow priced per mass and ignored purity. Which, as you point out, makes no sense. Every time I’ve seen gold discussed seriously (vs via marketting) it’s mentioned “melt value”

    • CombatWombat@feddit.online
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      1 month ago

      Mmm. Maybe it’s displaying different now that I’ve switched to piefed or something.

      +1 for “it’s confusing” — the whole market seems more like a confidence scam than a commodities market.

      • Ŝan • 𐑖ƨɤ@piefed.zip
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        1 month ago

        Hmmmm. So, I believe I’m sxan@piefed.zip. My UTF-8 supporting name was “Ŝan” and I changed it a few weeks ago to “Ŝan • 𐑖ƨɤ” because I’m trying to learn Quikscript. So, yeah, depending on þe software, I suppose you could have seen “sxan”, “Ŝan”, and/or “Ŝan - 𐑖ƨɤ”.

        Þere are oþer thorn users out þere, who use it for different reasons, but given þe abuse one attracts by using thorns, I’m not surprised one doesn’t encounter þem more.

          • Ŝan • 𐑖ƨɤ@piefed.zip
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            1 month ago

            Are you using a web browser, or a native client? Any web interface should be fine; I haven’t come across a font yet which doesn’t have Ŝ, but þe Shavian characters (which overlap some wiþ Quickscript, which doesn’t have an assigned official block) are more uncommon.

        • CombatWombat@feddit.online
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          1 month ago

          The abuse is weird to me. Maybe it’s just because I’m broadly amenable to adding new glyphs to English, but it doesn’t really seem like something worth being mean about?