Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
ShareProphets reader P asks about the position in Turkey with regard to the recent sacking of Naci Agbal – the third Turkish Central Bank governor to be shown the door in less than two years which caused another hefty drop in the Turkish Lira, reports of Turkish jewellers being required to deposit their gold at the central bank and wonders whether there may be a danger of gold confiscation or nationalisation. This, in relation to a holding in AIM-listed gold-producer in Turkey, Ariana Resources (AAU).
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