Central Banks
Central bankers try to devalue their currencies, but that means they can’t trust currencies as a store of value. So they buy gold when they want real wealth.
The law of supply and demand is one of the bedrocks of economics And for most goods the higher the price of the good, the less quantity of that good is demanded We’re seeing that through much of...
One of the peculiarities of the gold market is that it seems that gold demand rises as the price gets higher, and falls when the price gets lower No one seems to want to buy gold when it’s “on...
Once net sellers of gold, central banks in recent years have become net buyers of gold In fact, by some estimates central banks around the world now hold more gold than ever But why are they...
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