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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “gold-backed currency“

April 10, 2024 Original Analysis

Central Banks Are Buying the Gold Top

In investing, “Buy low, sell high” is among the most well-known sayings, and generally, it’s good advice. But with gold still holding near its historic all-time highs, central banks led by China are bucking the classic adage and smash-buying more, buying the top to fortify themselves against a global monetary and financial blow-up.