According to Bukele, the small Central American nation sits atop an estimated $3 trillion in unmined gold reserves—a potential jackpot that could radically transform El Salvador's financial future.
According to preliminary studies cited by the president, El Salvador's gold reserves could be worth an astounding three trillion dollars - representing over 8,800% of the country's current GDP.
El Salvador's gang-busting strongman President Nayib Bukele has set out on a new mission: to kickstart his country's sputtering economy by inviting back the mining companies that were barred seven ...
San Salvador (AFP) – El Salvador's gang-busting strongman President Nayib Bukele has set out on a new mission: to kickstart his country's sputtering economy by inviting back the mining companies ...
“It’s one thing to put a mine in the Atacama Desert ... he passed a law that made bitcoin legal tender, making El Salvador the first nation to do so. Gold erased gains as traders geared ...
Economist Carlos Acevedo, a former president of the Central Reserve Bank, noted that the “spectacular” figures presented by Bukele make it seem as though El Salvador “is sitting on a gold mine.” ...
Bukele said last month that El Salvador, a country of 6.6 million people, had "potentially" the largest gold deposits per ...
In a series of posts on the social network X he claimed that El Salvador, a country of 6.6 million people, had "potentially" the largest gold deposits per square kilometer ... "It's one thing to put a ...
Bukele said last month that El Salvador, a country of 6.6 million people, had "potentially" the largest gold deposits per square ... over plans for a huge copper mine.
Bukele claims El Salvador sits on a Gold mine, literally. He suggests the country's untapped gold reserves could be worth up to $3 trillion, a staggering figure representing over 8,800% of the ...