(Why???) Central Banks Were Net Gold Buyers 10th Consecutive Year (Keep An Eye On GSIBS)
Rethinking the Dollar
English - February 01, 2020 02:13 - 57 minutes - 52.5 MB - ★★★★ - 22 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Central Banks Are Insuring Themselves 👉WHAT DO THEY KNOW THAT YOU DON'T👈Central bank net purchases in 2019 were remarkable. The annual total of 650.3t is the second highest level of annual purchases for 50 years, highlighting the importance central banks place on having an allocation to gold in their reserve portfolio.  The largest purchasers during the year were mostly familiar faces. (TURKEY, RUSSIA, CHINA, KAZAKHSTAN to name a few...) Â
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