Geopolitics

Gold for Central Banking
Published by Franck Pengam | Feb 14, 2021 | Articles 6278

Central banks are unlikely to reduce their gold holdings by mid-2021. In fact, the opposite can happen with an increase in gold allocations: just over 60% of respondents, a group of central banks responsible for $1.7 trillion in total reserves, said they expect their gold holdings to increase over the next twelve months.

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Will Germany Repatriate its Gold From New York If Trump Wins the Election?
Published by Jan Nieuwenhuijs | Oct 25, 2020 | Articles 7712

Gold is a political metal. “Whoever has the gold makes the rules,” as the saying goes. Because gold serves as the backstop of the international financial system, the global distribution of gold influences the balance of power. This is true for gold ownership, but it also applies to storage locations. The more of its gold reserves Germany stores at the Federal Reserve Bank of New York, the more leverage the U.S. has over Germany.

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Gold Is The Ancient Currency, The Currency Of Trust
Published by Philippe Herlin | Oct 1, 2020 | Articles 17918

The main factor is the distrust of currencies; central banks are running their money printing presses at full speed, whereas with the recession due to the coronavirus, the production of real goods is falling. In this case, what is money worth? What are the major currencies, the dollar, the euro, the yen, the yuan, worth? Investors refer to gold, the ancient currency, the currency of trust, which nobody can print.

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