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Poland is selling gold to buy tanks, Venezuela is frantically selling off its holdings, and Russia is quietly reducing its holdings. The myth of global central banks' "buy-only" approach is crumbling. Is gold losing its appeal, or is there something

2026-03-06

Poland is selling gold to buy tanks, Venezuela is frantically selling off its holdings, and Russia is quietly reducing its holdings. The myth of global central banks' "buy-only" approach is crumbling. Is gold losing its appeal, or is there something else going on? Who will be next to make a move?

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International Energy Agency Executive Director Fatih Birol: Europe's over-reliance on Russian energy is a historic mistake.
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