Gold Reserves

Which Countries Are Hoarding The Most Gold In 2024 1

Which Countries Are Hoarding The Most Gold In 2024

Did you know that central banks around the world hold huge amounts of gold? Why? Because gold is valuable, safe, and easy to sell when needed. Central banks—like those in the U.S., China, and Russia—see gold as a strong investment, especially during uncertain times. In fact, they hold about a

Read More »
Desperate For Cash, Argentina Faces Saudi Ultimatum 1

Desperate For Cash, Argentina Faces Saudi Ultimatum

Argentina’s $4.5 billion in gold reserves mysteriously vanished overnight, fueling suspicion and intrigue as President Milei’s administration admitted to moving some of it abroad without giving clear details on how much, where, or why. The government claims it’s safer to store the gold overseas to earn interest, possibly in London

Read More »
Now Even Nigeria Wants Its Gold Back 1

Now Even Nigeria Wants Its Gold Back

Countries like Nigeria are making headlines by bringing their gold reserves back home from places like the United States and the United Kingdom. This move is seen as a way to protect their wealth and strengthen their economies amidst global uncertainties. Economic concerns, including inflation and geopolitical tensions, have prompted

Read More »