Clemens Graf von Luckner
@clemensgvl.bsky.social
Bsky-Infant / Stanford Postdoc / former Advisor to World Bank Chief Economist / former Harvard Fellow
4/ Take gold reserves mentioned by the FT: The report never advocates for selling those. Net reserves are negative, and the gold covers but a tiny fraction of liabilities. Plus: a failed 2022 audit even raised serious questions about the actual gold stock's size.
March 27, 2025 at 7:55 PM
4/ Take gold reserves mentioned by the FT: The report never advocates for selling those. Net reserves are negative, and the gold covers but a tiny fraction of liabilities. Plus: a failed 2022 audit even raised serious questions about the actual gold stock's size.