Banking

Why Are Central Banks Around the World Hoarding Gold? With Andy Schectman

Posted on by thehawthorn
26
Aug

Why did the central bank in Switzerland reclassify gold as a tier 1 asset in 2019 and why have central banks around the world been accumulating gold at a rapid pace? Andy Schectman explains the significance of these events and how they tie into the emerging BRICs nations currency that may dethrone decades of U.S. dollar hegemony.