Countries bring gold home
Romania, for example, stores 65 percent of its gold at the Bank of England. Romania has a total of 130.7 tons of gold worth 3.85 billion US dollars. A new law allows only five percent of gold to be stored abroad. There is no consensus: the Romanian leadership wants the precious metal to be returned, while the head of the central bank wants to leave everything as it is.
Germany, on the other hand, has demanded the return of 674 tonnes of gold stored in France and with the US Federal Reserve. Half the German gold is already at home. Another country, Hungary, is considering keeping its gold reserves in its own country in the event of a geopolitical crisis.
From the point of view of central banks, gold is a means of maintaining the financial faith when an economic upheaval arises or occurs. And what about Italy? Here the citizens want to control the gold reserves of their country. The Italian central bank is facing great criticism. Among other things, the "5-star movement" is demanding that the Bank of Italy's gold be taken over by Italian citizens. After all, it is about 102 billion US dollars and the expropriation of state gold.
These are only examples of how great the role of gold is in the world. The gold companies, which take care of the supply of the precious metal, also deserve attention. For example Bluestone Resources or Revival Gold.
Bluestone Resources - http://www.commodity-tv.net/c/search_adv/?v=299040 - is again reporting very good drilling results from its Cerro Blanco gold project in Guatemala. The 100 percent wholly owned project in Guatemala by Bluestone Resources returned results of up to 19.9 grams of gold and 281 grams of silver per ton of rock.
Revival Gold - http://www.commodity-tv.net/c/search_adv/?v=298883 - was also able to report good drill results again from its Beartrack gold project. The previously producing gold project in Idaho has already produced up to 20.10 grams of gold from drilling.
Current corporate information and press releases from Bluestone Resources (https://www.resource-capital.ch/en/companies/bluestone-resources-inc/).
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