Nigeria Repatriates Gold To ¨Mitigate Risk of Weakening US Economy¨
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- Опубликовано: 2 июл 2024
- Nigeria Repatriates Gold To ¨Mitigate Risk of Weakening US Economy¨
Not only are we seeing a shift in the way gold is being used as a store of value, but we continue to see a change on how the gold is being stored.
One of the trends we've seen over the past decade is the repatriation of physical gold reserves, often from the New York Federal Reserve. And now the latest to take its gold back home is Nigeria.
Although perhaps even more significant is the reasoning provided by Nigerian officials. As they said they were mitigating 'the risk of the weakening US economy,¨ and that there's ¨raised apprehensions among Nigerian policymakers about the stability of the U.S. financial system.”
So we're continuing to see countries take action towards protecting their gold. And it's alarming to hear why they're doing it.
But to find out more, and also take a look at the other recent precious metals news, click to watch the video now!
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Nigeria is bringing its gold home as its stake in BRICS.
Amazing 🤩 !!!👍
i live in Thailand and can confirm it is the case. I do it too. Spare currency i turn into gold. Silver though in Thailand the market is small so the premiums high , can be 30% above spot
I'm happy to see that that Nigerian Prince that I supported through email in the mid-1990s will FINALLY get his gold fortune back under his direct control.
100%
Silver up $1.00 today.
Jamie dimon went to see xi recently.... Xi asked jamie "where da silver at"? He sez they are 3ding new kilo bars real quick
Told you 5 years ago who is going to buy. Learned from Lynette Zang. Jp Morgan, wells, chase, etc. Will be the buyer. They own the FED. Thee Fed will make them buy, and it wont count against their income, or booked to value. Just float on space until the world says enough is enough
SILVER IS STARTING TO BE ACCEPTED AS MONEY BECAUSE IT IS MONEY ON THE 4TH JULY WE THE PEOPLE KNOW WHAT ARE FOUNDING FATHERS KNEW NO PAPER MONEY ONLY GOLD AND SILVER.THE MOVEMENT HAS STARTED SILVER IS AND WILL BE USED FOR TRADE FOR EVERY DAY THING.
Monday AM India has a new currency trade deal with 4 Asia counties excluding USD$ (BRIC) 😮
Happy Fourth of July 🎉🎈😊🎉❤ thumbs up 👍👍👍👍👍👍👍👍👍😎😎😊
PUFF PIECE. Yet another one!!!! Silver is up what? 25% or more on the year, and VIPRF is down 25%. How nice!!!! Great interview! (sarcasm galore). Thumbs down.
Chris gave you the high how are you today?? You did not ask how he is doing today. You are extremely inconsiderate. If chris does not tell me how he is doing why would i listen to him... I ask people how were they yesterday