Banks Going For The Gold | https://www.themorganreport.com
The world’s central banks are on a gold buying spree that has lasted more than a decade. That’s the longest period of consistent gold acquisition by the so-called official sector in more than half a century.
In the distant past, central banks had to buy gold because of its vital role in the global financial system. Now they are choosing to do so because they are worried about the dollar. In other words, they’ve been scared into this bullion buying binge.
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