Dollar’s year of living dangerously awaits

Dollar’s year of living dangerously awaits

Jan 1, 2022 | Economic Collapse

Central banks around the globe are ending 2021 with the highest gold holdings in 31 years. Yet the real story as monetary authorities recalibrates foreign-exchange reserve holdings is how the US dollar is on the losing end of these shifts. And in the year ahead, this...
Gold Prices Set to Skyrocket Amid Trade Spat

Gold Prices Set to Skyrocket Amid Trade Spat

Jun 11, 2019 | Uncategorized

China’s record-setting purchase of gold bullion continued its climb in May, growing by some 15.86 tonnes to over 61.61 million ounces total, fresh data from the People’s Bank of China cited by Xinhua has revealed. The purchase marked the sixth...

World’s Central Banks Want More Gold

Apr 24, 2019 | News

Article originally appeared on Bloomberg (here) India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their reserves....