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.
Key Takeaways Central banks are diversifying where they store gold: Nations are shifting portions of their gold reserves out of New York (and Ottawa) to domestic vaults or European centers like...
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...
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