Gold, Africa, UAE & Europe

The series of defeats being handed over to UAE is all about choking Gold supply. UAE doesn't mine gold, within UAE. It gets supply from African countries. The turbulent areas, especially. Expect flares from Kigali, Kampala, Nairobi & Dar-es-Salam.



Over the last 10yrs or so, UAE has been moving away from this into innovation & tech. Not just oil. Saudis are getting into this rare earth metal.


Since 2000s, there's been several 'revolutions' in African countries. Look at the picture below. You can guess the countries where regimes have fallen.





Move to West Africa


1. Ivory Coast (Côte d'Ivoire) ranks among West Africa's top gold producers, with output surging from 10 tonnes in 2012 to 58 tonnes in 2024 & was projected to be 62 tonnes in 2025 (confirmed data not available yet.)


2. Burkina Faso ranks as Africa's fourth-largest gold producer, with output reaching 70.43 tons through September 2025, up 58% YoY, driven by booming artisanal mining alongside industrial operations. After Traore, Burkina Faso has stopped sending Gold to French vaults.


We all think, it is about oil & other minerals. BUT - it is GOLD. For the warlords of Africa, UAE is the marketplace. Kigali knows this. Kampala knows this. Nairobi knows this. Tanzania is diversifying. West Africa is diversifying too. All this has hit the Europeans.


Europeans now want to buy gold. But, are unable to find a safe supply route. Gold is physical asset. Cumbersome to transfer. UAE was providing cover. With Turkey & USoA tilting towards Saudis, UAE has withdrawn from Africa - mostly.


This means, Europeans need someone to help them with a running Gold supply - so that they can keep their markets chugging. Gold stopped. In return Africans were given paper currency.

Radical Islam & Gold:


Radical Islam / Muslim brotherhood has not reached West Africa. But, whenever it is formed - which loosely today it is, will be backed by Gold & not USD. This also fits well into an imminent Gold backed currency with petro dollar dying.


The real panic is visible. They're scrambling for gold as USD is dying.


Case in point:

1) Ethiopia is scrambling for sea access

2) Turkey choking Red Sea

3) Blocking Suez to isolate Israel - Greece - Cyprus

4) Counter IMEC

5) Pakistan crypto & gold


With India being close ally of UAE & Saudi reaching out to them with Oman in loop might help. But, no guarantee it would end the conflict.


Add to the mix: Iran.

Add further to the mix: Pakistan selling illegally weapons to Libyan rebel regime, along with Turkey


Gold mining, hunt for resources continues. While, we see rules based order & the African Union being hijacked by a few Arab countries completely. Will African Union speak up? Only time will tell which way the world would turn out to be - 5yrs from now.


Addtional resources:

a. https://www.reuters.com/investigates/special-report/gold-africa-smuggling/

b. https://www.goldmarket.fr/en/gold-reserves-of-african-countries/

c. https://www.aljazeera.com/news/2018/2/20/mapping-africas-natural-resources 

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