Institutions in charge of gold are clearly broken

One of the most valuable non-renewable resources that Guyana has, apart from oil, is gold. The price for an ounce of gold on the World Market (June 16, 2024) is US$2,348.40 (https://www.google.com/search?q=price+of+gold&rlz=1C1ONGR_enUS1113US1113&oq=price+of+g&gs_lcrp=EgZjaHJvbWUqCggAEAAYsQMYgAQyCggAEAAYsQMYgAQyCggBEAAYsQMYgAQyBggCEEUYOTINCAMQABiSAxiABBiKBTIHCAQQABiABDIHCAUQABiABDINCAYQABixAxjJAxiABDIHCAcQABiABDIHCAgQA);  and therefore, one pound of gold is US$37,574.40, as compared with a pound of sugar at US 19.35 cents and rice at US 18.15…

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