- Article by Peter Kimenai
- Published on July 28th, 2019
On the eve of the Second World War, the German government had assured the Dutch that they would respect their neutrality. The Dutch government, however, did not trust this assurance, and the near future would prove that the Dutch preparatory measures had not been in vain. One of these measures was to secure the Nederlandsche Bank’s (Dutch national bank) gold deposit. From September 1938, it had over 362 tonnes (399 US tons/ 356 imperial tons) of gold transferred to New York, London, and Pretoria.