Turkey has joined the list of countries including Germany and Hungary repatriate gold home. Last year Turkey reclaimed 220 tonnes and whether this is a political signal to Trump or an economics indicator of lack of confidence in the US dollar, it adds more concern on what the future holds for $US.
Turkish media reports Erdogan saying:
"These debts should be in gold. Because at this point the karat of gold is unlike anything else. The world is continually putting us under currency pressure with the dollar. We need to save states and nations from this currency pressure.”"