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Earlier this year, France pulled off a financial maneuver that turned old gold into billions.
The strategy itself was relatively simple. Starting in mid-2025, France's central bank sold 129 metric tons of gold it had stored in New York and replaced it with newer, high-quality bullion held in Paris.
The result? A roughly €13 billion, or $15.1 billion, profit (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Earlier this year, France pulled off a financial maneuver that turned old gold into billions.
The strategy itself was relatively simple. Starting in mid-2025, France's central bank sold 129 metric tons of gold it had stored in New York and replaced it with newer, high-quality bullion held in Paris.
The result? A roughly €13 billion, or $15.1 billion, profit (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
1 month ago
