Gold appeals to investors as one of the few solid investments left in a world of tariffs and worldwide strife. Central banks, big organizations like hedge funds, and individual investors all want a piece of the action. However, few are aware of the origins of their gold or the potential conflicts it may be causing in the nations where it is extracted.
The stakes are significantly higher for the Sahelian nations of West Africa. For the military juntas in Burkina Faso, Mali, and Niger—who are struggling with jihadist insurgencies, regional isolation, and the effects of climate change—gold is a lifeline.
“Because gold prices have been at a historic high… the military governments hoping that they will be able to benefit directly.”