2min chapter

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'Stocks To Suffer' As Cost Of Capital Rises But Earnings Fall | Tavi Costa

Wealthion - Be Financially Resilient

CHAPTER

The Importance of Gold Purchases in the Global Economy

The idea of holding, having a monetary system that really falls back on the ownership of high quality assets. And I think that shift away from Treasury is very, very critical in this macro conditions. In order for us to go back to historical average, where central banks go back to a 40% ownership of gold relative to international reserves, we would have to add about $3.2 trillion of gold purchases.

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