This article is closed for comments.
“I am the good shepherd. The good shepherd lays down his life for the sheep. (John 10:11) ..
.. .
ONLY Jesus saves
Why is BOG selling our gold reserves at a time when gold prices are increasing every day on the world market? As the dollar continues to lose value due to Donald Trump's shenanigans, all serious countries are increasing their ...
read full comment
THEY JUST DIDNT SELL THE GOLD TO KEEP THE DOLLARS UNDER THEIR BEDS MY FRIEND...THEY HAVE INVESTED THE DOLLARS INTO OTHER PROFIT YIELDING INSTRUMENTS....GOLD PRICE IS GOING UP BUT YOU ALSO DONT KNOW THE RETURNS THEY MAY BE MA ...
read full comment
What profit yielding instrument are you talking about? BOG is very short sighted
Lol, since when did u deduce the shortsightedness of BOG. Come again my brother....
That's a smart move. Take advantage of the price now before it begins to fall drastically again. It's a volatile commodity.
Close scrutiny of the Governor’s statements shows a deliberate effort to not state the real reason for reduction of the gold reserves, which implies a sale, and for what purpose when gold is rallying on geopolitical concern ...
read full comment
Common sense will tell you th3y are selling gold to get more dollars to keep the cedi artificially in good stead.
Good investment strategy. It is always good do diversify. Never put all your eggs into one basket.
The Banks gold sale is most likely to mitigate balance sheet losses.
Copyright © 1994 - 2026 GhanaWeb. All rights reserved.
