Central Bankers Say Gold Still Earns Its Reserve Role - Finimize

Central Bankers Say Gold Still Earns Its Reserve Role - Finimize

Source: Finimize

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DW NOTE

Central banks holding 17% of global gold reserves — up from 10% a decade ago — while simultaneously running unprecedented QE programmes is not a reserve strategy, it's a hedge against their own policies. They're buying gold because they know what printing money does to fiat credibility.

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