Joseph Cavatoni
ON THE RECORD · 4 verbatim quotes · every quote source-verified
“playing into some of these decisions”
Joseph Cavatoni · said date not stated · reported 2026-09-05
Cavatoni told the BBC that wars and trade tensions were a factor but did not top the list of motivating factors for gold relocation.
“but what I do think is people are being better educated around how to manage their reserve assets, growing their reserve assets, and actually thinking more effectively around how to make the most of those assets.”
Joseph Cavatoni · said date not stated · reported 2026-09-05
Cavatoni said people are becoming better educated about managing and growing their reserve assets.
“I don't get a sense that there's an impending doom,”
Joseph Cavatoni · said date not stated · reported 2026-09-05
Cavatoni said he did not sense an impending doom regarding gold reserve management decisions.
“Let's say I want my gold in New York and I have it in London. I could sell it in London, buy it in New York, same day, same time, effectively book transfer without actually having to put it on any other logistical change.”
Joseph Cavatoni · said date not stated · reported 2026-09-05
Cavatoni explained a standard approach to moving gold stocks by selling in one location and buying in another.