I don't think so, most of the countries are keeping or buying more gold. Only a few sells
Nice seeing another unbiased person who says it as it is, unlike people with Trump's character who would blatantly lie about the obvious. They should prove how this is real/impactful when Gold is still retaining almost all the trillions of dollars it has gained in the past 1 year. Talk is cheap, however, they should know that Gold is a national treasure that most countries, if not all, have tested for centuries and trusted. So they will now sell it to buy Bitcoin when no country has even actualised their talked-about strategic Bitcoin reserve? That's laughable!
That's right, most countries are still keeping it. While if they have the plan to have the most Bitcoin or to make a Bitcoin strategy reserve. They just cannot sell their golds for that. What they'll do is to outsource from somewhere for the funding of it, they just can't put their gold reserve at risk for it. Because we all know how the economic stability of the world is unstable and they're all leaning to how much gold reserve they have as a sign of wealth.
and that's the reason why if there are countries that have sold the most gold, it is our country. But guess what, it is not for buying more crypto or any other assets. It just vanished in the air and our local media don't even cover that news anymore.
I wish to know your country, but it sounds African. Corruption on the roof.
Not African, I'm from South East Asia, the Philippines. Is there the same country there in your region that also sold a lot of gold and you've never seen where the profit was spent?