The Central Bank of Iraq has 90 tons of gold reserves from Iraq. There is a conspiracy theory that states that the United States stole Iraqi gold. The conspiracy theory is still circulating, stating that the United States stole Iraqi gold and oil, specifically $20 TRILLION in gold and $30 TRILLION in oil. All those photos of American soldiers holding Iraqi gold bars are genuine, but they only show them taking pictures with the gold they seized in Iraq.
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With almost an ounce for every US citizen, the country has more than 8, 100 tons in its vaults. However, even this number has a bit of mystery about it, as many believe that the world's most famous gold deposit, Fort Knox, may not contain as much gold as reported.
Hedge against inflation Gold has historically been an excellent hedge against inflation, because its price tends to rise when the cost of living increases. Over the past 50 years, investors have seen gold prices soar and the stock market crash during the years of.
This is especially important if you expect to store bars in a gold IRA; less pure gold, unless it is a specifically pre-approved gold coin, cannot be held in an IRA, 5 days ago. When you're looking for the best gold bars to buy, one of the key things you should keep in mind are recognized stamps and stamps.