People need to stop over generalizing.
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Nothing like Wall St then lol
puff
Level 8
Apr 28, 2022
0
almost exactly, but without the oversight.
puff:
@glennlab The one I like is the Bank of England handing control over 1.3 billion pound sterling (not $USD) of Venezuelan gold to a wannabe el presidenti
[theguardian.com]
A bit more info
[bbc.com]
Moral of story: Any nation that entrusts it's wealth to another is nuts as they will lose control.
PS Anyone know what happened to Libya's massive gold reserves? Enough to propose an African "Dinar", backed by gold rather than oil like the $USD is. Funny how "Poof" and gone, just like that!
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