Post by Walid Abousleiman

Today, the profit stemming from the #gold #reserves is an unrealized profit, an accounting gain, not actual liquidity that can be used. And with this increase reaching nearly four times its level compared to 2019, it becomes a professional obligation to consider locking in part of this value through partial hedging rather than leaving the exposure fully open to any potential price correction. The financial logic here is clear: Hedging does not mean “selling” or relinquishing a strategic asset. It means using financial market instruments (such as options) to protect part of the accumulated gains on the balance sheet and set a minimum value floor. This creates protected liquidity and reflects discipline in risk management, as is common in portfolio and reserve management. No one expects markets to rise without pullbacks. And when a strategic asset becomes this large a component of the balance sheet, managing its risks and protecting its gains becomes part of crisis management, not merely a technical choice. Locking in value today is protection for the rights of depositors, the people, and the wealth of tomorrow. #Gold #Lebanon