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Source:
الكتائب اللبنانية
Hezbollah Builds Hidden Gold Reserve
A Lebanese security source has revealed that Hezbollah continues to build a secret gold reserve by purchasing and stockpiling large quantities of gold bars in secure locations away from prying eyes. The aim is to strengthen its financial capabilities amid banking pressures and difficulties in moving dollars. Reports indicate that the party has exploited its networks in Syria and Turkey to transport the gold, and has been establishing companies involved in gold trading for several years. It has been converting its reserves into liquid assets, with a preference for gold bars since they preserve value and can be stored for long periods. These operations are part of the party's strategy to reduce reliance on cash and foreign currencies, and are carried out within a complex logistical and financial network. Additionally, gold forms a part of its informal financial reserves, distributed geographically to ensure their continuity amid war and blockade conditions.
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