by M Dowling, Independent Sentinel:
There is worldwide concern over the stability of the US economy due to mounting debt, inflation, and the Federal Reserve’s ability to maintain stable monetary policy. It has eroded confidence in the US dollar, and has led several African and Middle Eastern nations to withdraw their gold reserves from the United States in recent months.
Nigeria, South Africa, Ghana, Senegal, Cameroon, Algeria, Egypt, and Saudi Arabia are some of the countries taking such actions, each representing a crucial region in Africa and the Middle East.