Central Bank Gold-Buying Reaches Half-Century High… Peter Schiff: Fed Capitulation is the Beginning of the End
Central bank gold-buying reaches half-century high [FT] Central bank buying of gold reached its highest levels for almost half a century last year, as Russia, Turkey and Kazakhstan boosted purchases to shift their reserves away from the US dollar. Central banks bought a net $27bn worth of gold, driven by Russia, whose net purchases were … Read more