‘In Gold We Trust’: Waning Confidence in US Sends World’s Central Banks on Buying Spree

‘In Gold We Trust’: Waning Confidence in US Sends World’s Central Banks on Buying Spree

Governments around the world have recently been on a “gold-buying spree.” These countries have a tactful reason for doing so, and this reason is directly tied to the anticipation of the inevitable end of US hegemony. Central banks are among the largest purchasers of gold. So far in 2019, they have bought 145.5 tons of…