58sec snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP638: Gold w/ Lyn Alden

We Study Billionaires - The Investor’s Podcast Network

NOTE

Trends in Central Bank Gold Holdings and US Treasury Purchase

Historically, the total tonnage of gold held by central banks around the world was decreasing until 2009 and has since been gradually increasing. Around 2013 and 2014, foreign central banks began to decrease their purchases of US Treasuries, especially when the dollar index is strong. This shift in behavior is attributed to the tendency of central banks to buy fewer Treasuries when the dollar is performing well.

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