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Why is Milei moving his nation's gold? (kitco.com)

posted 118 days ago by xchainlinkx 118 days ago by xchainlinkx +24 / -0

Argentina’s Milei moves sovereign gold abroad, raising concerns about seizure – El Pais

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

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– deleted 4 points 117 days ago +4 / -0

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– NoApologyTour 1 point 117 days ago +1 / -0

There is no reason for a country to outsource their gold storage to another country. They’ll have a difficult enough time getting it back in prosperous times, but it will disappear with the next crisis.

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– deleted 1 point 116 days ago +1 / -0

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– redtoe-skipper 1 point 117 days ago +1 / -0

Rather, the information came from the bank workers’ union, known as La Bancaria,” the report said. “Its leader — *the left-wing legislator Sergio Palazzo *— presented a request within the framework of the Law of Access to Public Information for the Central Bank of the Argentine Republic (BCRA), asking ‘if there [were any] operations to send gold bars abroad during the month of June.’”

What motive would this man have .....

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– PatriotDawg 1 point 117 days ago +1 / -0

To steal it?

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