Tag Archive: economic power

Why Are Nations Adding to Gold Reserves?

Governments and their central banks represent the largest players in modern financial markets. If these financial superpowers are acquiring and stockpiling more gold, maybe you should consider an allocation in gold as well. Gold’s importance to the global economy cannot be understated. The reality is that if gold were simply a relic of the past without true purpose or value, central banks would not buy and hoard the yellow metal. What do these central banks know that you don’t? Central banks began adding to gold... Continue Reading