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El Salvador’s Gold Gambit: Nation Acquires 13,999 Troy Ounces in Bold Diversification Move

El Salvador’s Gold Gambit: Nation Acquires 13,999 Troy Ounces in Bold Diversification Move

Published:
2025-09-07 19:06:49
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While Bitcoin maximalists watch nervously, El Salvador just placed a massive bet on shiny yellow metal.

The Gold Standard Reboot

Nayib Bukele's administration just snapped up 13,999 troy ounces of gold—enough to make central bankers nod approvingly while crypto purists sweat. This isn't just diversification; it's a geopolitical chess move wrapped in bullion.

Digital to Physical Pivot

The same nation that went all-in on Bitcoin now stacks gold like a medieval kingdom preparing for siege. Treasury officials probably enjoyed the irony of using blockchain profits to buy prehistoric stores of value.

The Diversification Dance

Thirteen thousand nine hundred ninety-nine ounces—precisely one ounce short of a round number, because even sovereign nations enjoy trolling financial analysts. The move screams 'hedge' while whispering 'we know something you don't.'

Gold: the original crypto before private keys and moonboys—still catching bids when politicians get twitchy. Because nothing says 'stable store of value' like digging metal from the ground to bury it in better-ground vaults.

El Salvador Pivots to Gold, Acquires 13,999 Troy Ounces for Diversification

|Square

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