World’s 2nd largest stockpile of gold leaves the United States

Anybody who has a bank account, a brokerage account, or insurance policy should read this article and understand what counterparty risk is. The Bundesbank, Germany's central bank does. So does UTIMCO, the University of Texas endowment fund, which manages over $37 billion in assets.

https://www.sovereignman.com/trends/worlds-2nd-largest-stockpile-of-gold-leaves-the-united-states-20874/