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0 sats \ 2 replies \ @Coinsreporter OP 19 Mar \ parent \ on: Everything About Gold Reserves by Country | World Gold Council charts_and_numbers
US has been the leader for a very long time in it. European countries also hold substantially. I was surprised to note that India has increased it right after Poland for 2024. Also from 2020 to 2024 India and China have been increasing it very aggressively.
Terrible color choice for a chart
Yes. It does look bad here but if you'll look it on the site, it feels better because it's an interactive chart and I've just screenshot it.
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0 sats \ 1 reply \ @LibertasBR 19 Mar
You can see that these are countries that want to break away from the influence of the dollar or fear an imminent conflict, like Poland. I suppose so.
Yes. It does look bad here but if you'll look it on the site, it feels better because it's an interactive chart and I've just screenshot it.
That makes a lot of sense.
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0 sats \ 0 replies \ @Coinsreporter OP 19 Mar
Yes, you're absolutely correct about China and Poland. India afaict does not want to break away from dollar as eagerly as China wants.
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