Topic: Fiat currencies and countries wich currencies will hold well and other info here (Read 18 times)

First let's start that currencies backed by bonds just the DEBT papers are by now literally allready worthless and dead.
Those who print money by bonds have wild inflation and grazy situation and their currencies will be weak.
Also If financial global crash comes you don't want to hold bond backed currencies!!


Now here is the info about all of that:

Top 10 Countries or Banks Backing Their Currencies with Tangible Assets like gold btc or crypto so something measured exacly and can be calculated exacly the value not just Junk papers and bonds wich means just estimation of speculated wealth of value.

1.Switzerland
The Swiss National Bank (SNB) maintains a significant portion of its reserves in gold, which historically has been a stable asset. Switzerland’s strong economic fundamentals and political stability contribute to the confidence in its currency.

2.Germany
The Deutsche Bundesbank holds substantial gold reserves, making up a significant part of its total assets. Germany’s commitment to maintaining the value of the euro and its robust economy further supports this backing.

3. Russia
The Central Bank of Russia has been actively increasing its gold reserves over the past decade, viewing gold as a hedge against currency fluctuations and geopolitical risks. This strategy aims to stabilize the ruble amidst global uncertainties.

4.China
The People’s Bank of China (PBOC) has also increased its gold holdings significantly. While it still holds large amounts of U.S. Treasury bonds, China’s diversification into gold is part of a broader strategy to enhance financial security and reduce reliance on foreign currencies.

5.India
The Reserve Bank of India (RBI) has been accumulating gold as part of its foreign exchange reserves strategy. Gold serves as a buffer against inflation and currency depreciation, reflecting India’s cultural affinity for the metal.

6.Turkey
The Central Bank of Turkey has increased its gold reserves substantially in recent years, using it as a tool to stabilize the Turkish lira amid economic volatility and high inflation rates.

7.Saudi Arabia
The Saudi Arabian Monetary Authority (SAMA) holds considerable gold reserves alongside foreign assets, which helps maintain confidence in the Saudi riyal amidst fluctuating oil prices.

8.United Arab Emirates
The UAE central bank also invests in gold as part of its monetary policy framework, aiming to support the dirham’s value against external shocks.

9.Venezuela
Despite economic turmoil, Venezuela’s central bank has retained some gold reserves that are intended to back its currency amidst hyperinflation and loss of confidence in other assets.

10. Kazakhstan
The National Bank of Kazakhstan has been increasing its gold reserves as part of an effort to stabilize the tenge and provide a tangible backing for its currency amidst regional instability.


Top 10 Countries Recklessly Buying Bonds Without Tangible Asset Backing, yes they can pump up their economy to bullish but this will make inflation or even in some places sectors extreme deflation or hyperinflation very volatile market and very huge wealth gap and prices to go out of control and their currencies falling against those countries currencies wich use gold or crypto to back up their fiat currencies.
So here are the top 10 bad ones:

1.United States
The U.S. government issues significant amounts of Treasury bonds without direct backing by tangible assets like gold or silver, relying instead on future tax revenues and economic growth projections.

2.Japan
Japan’s Ministry of Finance issues bonds extensively while maintaining low interest rates; however, these bonds are not backed by physical assets but rather by government promises and fiscal policy measures.

3.Italy
Italy relies heavily on issuing government bonds to finance public debt without substantial backing from tangible assets, leading to concerns about sustainability given high debt levels relative to GDP.

4.Greece
Greece’s bond market remains fragile due to historical defaults; current bonds are issued without real asset backing but depend on EU financial mechanisms for stability.

5.Spain
Spain continues issuing government bonds while grappling with high public debt levels; these bonds lack tangible asset backing beyond future fiscal revenues.

6.France
France issues significant amounts of sovereign debt through bonds that are not directly backed by physical assets but rely on overall economic performance and tax revenues for repayment.

7.Argentina
Argentina has faced multiple defaults on sovereign debt; current bond issuances do not have tangible asset backing, leading to skepticism among investors regarding their value.

8.Brazil
Brazil’s reliance on issuing government bonds without sufficient asset backing raises concerns about long-term sustainability amid economic challenges and inflationary pressures.

9.Mexico
Mexico issues substantial amounts of government securities that lack direct backing from tangible assets; reliance is placed on macroeconomic stability instead.

10.South Africa
South Africa’s bond market is characterized by high levels of government debt issued without adequate asset backing, raising questions about fiscal health amid economic challenges.



Source of info and data:
World Gold Council
International Monetary Fund (IMF)
Bank for International Settlements (BIS)