A quiet rush for gold is sweeping the globe — here's why countries are stockpiling it - Fox News
A quiet rush for gold is sweeping the globe — here's why countries are stockpiling it - Fox News
Source: Fox News
―
DW NOTE
Central banks bought 1,037 tonnes of gold in 2023 — the second-highest annual total on record. They're not hedging tail risk; they're pricing in the baseline. When the Federal Reserve holds rates at 3.5% with CPI at 3.5% and the U.S. debt-to-GDP ratio reaches 100%, gold isn't a speculation, it's an exit.