▶youtube BusinessBanking first seen 17 h ago, last 17 h ago, peak #12
Central Banks Are Buying Gold Hand Over Fist
Original: Central Banks Are Buying Gold Hand Over Fist—What Do They Know?
Central banks around the world have been buying gold at a rapid pace, prompting debate over what they may know about the outlook for the global financial system. Commentators following monetary policy suggest the purchases reflect concern about inflation, currency stability, and the long-term reliability of the dollar as a reserve asset. Many see it as a signal of declining trust in fiat money.
Why now: Anxiety about inflation, currency debasement and the dollar's reserve status is driving fresh attention to central bank gold purchases.
Evidence
- Central Banks Are Buying Gold Hand Over Fist—What Do They Know? · maneco64 · 41.5K
API: https://socialmediatrends-api.osmike.com/v1/trends/2893614