MacroVoices #378 Ronnie Stoeferle: In Gold We Trust - Showdown
Macro Voices
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The Rise of the Russian Gold Market Infrastructure
India is now 23%, China is 25%. We're seeing countries like Turkey, but also the Middle Eastern region becoming much more important. There's quite a lot of geo-strategic central bank gold buying from all those nations in the Shanghai Corporation organization,. In the BRICS, in the Belt and Road Initiative. All those nations that are now becoming more aligned, they're pretty significant gold buyers.
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