Raging Bullion: Is Gold a Good Investment?
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Central Banks Buying Gold
In 2022, central banks around the world bought the most gold on record going all the way back to 1950. Why? It's no accident that this was a period when we had big sanctions on Russia. And it became pretty clear that the dollar could be used as a weapon. So I think central banks lost faith in the dollar,. particularly central banks which aren't necessarily part of the government that's friendly to the US.
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