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13min chapter
TIP638: Gold w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
Central Banks and Gold Reserves
This chapter explores central banks' increasing allocation of their balance sheets to gold, driven by factors like low short-term rates, geopolitics, and diversification. It delves into the varying percentages of gold holdings among central banks, the distinction between bank and foreign exchange reserves, and the significance of gold as a reserve asset in managing currency strength and balance sheets.
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