What's the point of just having gold if not for a rainy day? After decades of lefty peronist rule, it's a rainy day. Invest it. It would have been better to have not needed to do that, given the strong likelyhood of an incoming global rainy day sure, but argentina wasn't in a strong enough position to be able to do that. So for them, yeah, better to use it. He's cosying up to the US and away from china/BRICS, I don't think it will be seized, and they werent able to seize Venezuela's.
What's the point of just having gold if not for a rainy day? After decades of lefty peronist rule, it's a rainy day. Invest it. It would have been better to have not needed to do that, given the strong likelyhood of an incoming global rainy day sure, but argentina wasn't in a strong enough position to be able to do that. So for them, yeah, better to use it. He's cosying up to the US and away from china/BRICS, I don't think it will be seized, and they werent able to seize Venezuela's.
sends physical gold to invest and get digital fiats back, bet even if the investment is successful, he's not putting the gold back