Central Banks quietly amass gold

April 9, 2024 3:48 pm by CWR

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Everybody is asking: Who's Buying?

Well, it's none other than the Central Banks themselves!

(Data upto Q423) pic.twitter.com/JZUCvKqVrw

— The Macro Guy (@SagarSinghSetia) April 8, 2024

Morgan Stanley Commodity Forecast pic.twitter.com/0fAyWGhu1G

— Win Smart, CFA (@WinfieldSmart) April 8, 2024

See also China faces $800 billion in non-standard debt defaults; Banks struggle with liquidity.

See also Banks weaning off Fed support and global investors offloading U.S. securities—this chart explains why Warren Buffett is panic selling.

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