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Feb 1 • 11:29 UTC • 🇪🇸 Spain • El Mundo

All the gold that Solbes sold from the Bank of Spain would be worth ten times more today

In June 2007, a senator questioned then Deputy Prime Minister Pedro Solbes about the government's decision to sell part of Spain's gold reserves shortly before the U.S. subprime crisis, to which Solbes justified the move as a means to strengthen Spain's financial position.

#gold #economy #Spain #subprime crisis #Pedro Solbes
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