Why Do Central Banks Keep Buying Gold?

Why Do Central Banks Keep Buying Gold?

In many ways, gold acts as a barometer for the value of foreign exchange instruments. Since the early 2000s, the price action in the gold market has been telling us that all currencies have been losing value compared to the precious metal.
December 6, 2019 0 Comments
'Smart money' continues to choose gold - Mitsubishi

'Smart money' continues to choose gold - Mitsubishi

“Illustrating lingering macroeconomic concerns, the importance of diversification away from dollar assets and tail risk hedging, central banks around the world have continued to be net buyers of gold: November saw Turkey, Russia, Poland and newcomer Serbia (which bought 9 tons of gold) all add to their holdings of the yellow metal,” Butler wrote.
December 3, 2019 0 Comments
A sell-off worse than December can arrive in a week, says analyst who is predicting ‘Lehman-like’ drop

A sell-off worse than December can arrive in a week, says analyst who is predicting ‘Lehman-like’ drop

The strategist pointed out market movements over the past two weeks showed an “uncanny resemblance” between now and 2008.
August 27, 2019 0 Comments
Frank Giustra - Billionaire Investor says Biggest Gold Bull Market of All Time Starting Now

Frank Giustra - Billionaire Investor says Biggest Gold Bull Market of All Time Starting Now

Frank has started three successful mining companies that took advantage of the various bull markets in gold. He started Wheaton River, Endeavour Financial, and two years ago he began Leagold Mining Corp. which has a focus on mining in Latin America.
August 23, 2019 0 Comments

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