World’s largest private gold holder becomes major buyer of U.S. debt
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The world's largest private gold holder has become a major buyer of US debt. This entity, which holds a significant amount of gold, reportedly around 140 tons valued at approximately $23-24 billion, has been accumulating gold at a rate of 1 to 2 tons per week. The gold is stored in a secure location in Switzerland, with the entity's motivations and implications of its actions unclear.
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