While African nations brag about tons of gold in their vaults, the real market dictates the rules. Algeria and Libya can be proud of their reserves, but where is that gold when the economy needs saving?

Nigeria, with its tiny 21 tons, tries to play in the big league while market whales eat those numbers for breakfast.

Gold is insurance, but in the hands of weak regimes, it’s just dead weight. Who’s next to drop? 🪙

$XAU

XAU
XAUUSDT
4,712
+0.60%

$PAXG

PAXG
PAXGUSDT
4,697.69
+0.62%

#Africa #GoldReserves #Nigeria #Algeria #Libya