The Gold Under the Pillow: A Tradition That's Hurting Turkey's Economy The Turkish tradition of stashing gold under the pillow is a long standing practice that has been passed down through generations.
It dates back to the 1970s, when Turkey faced a severe economic crisis and people turned to hiding their wealth in the form of gold as a stable asset.
Understanding the Turkish Tradition of Stashing Gold Under the Pillow The tradition began during a time of economic hardship, with the country's currency devalued and imports expensive.