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
Morgan Stanley: "The Divergence Between Markets And The Economy Has Never Been This Great... And Algos Are Behind It"

Morgan Stanley: "The Divergence Between Markets And The Economy Has Never Been This Great... And Algos Are Behind It"

Is the outlook, in the words of ECB President Mario Draghi, “getting worse and worse” or is there cause for optimism? Based on the evidence at hand and our assessment of the key drivers of the outlook, we think it is more the former than the latter, and we hold on to our base case prognosis of sub-par global growth.
July 29, 2019 0 Comments
‘Bond King’ Jeffrey Gundlach bets on gold, sees rising recession chances, dollar decline

‘Bond King’ Jeffrey Gundlach bets on gold, sees rising recession chances, dollar decline

“I am certainly long gold,” Gundlach said in an investor webcast Thursday. He added his trade is based on the expectation that the dollar will finish the year lower.

June 14, 2019 0 Comments

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