Ripple News Brad Garlinghouse Slams $11B Gold Transfer as XRP Price Eyes $2

Ripple CEO Brad Garlinghouse turns an obscure central-bank logistics story into a full-throated news for crypto rails. The timing isn’t accidental.

There’s a technical setup building underneath the noise.Garlinghouse took to X to blast the Central Bank of the Netherlands after a CNBC report revealed it took six months to move 86 metric tons of gold, worth $11 billion, from vaults in the U.S. and Canada to London.

He paired it with a callback to Germany’s four-year gold repatriation saga from 2013, noting that a decade separates the two stories, yet the settlement infrastructure hasn’t changed since the 1940s.

A good reminder on how finance still works today… the Central Bank of Netherlands just spent months moving $11B in gold from New York to London.~70% of it never actually left the ground. It was sold in NYC and repurchased in London.