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Central Banks Purchase Gold To Offset Their Own Monetary Destruction

Central Banks Purchase Gold To Offset Their Own Monetary Destruction

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VBL
Aug 04, 2024
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Central Banks Purchase Gold To Offset Their Own Monetary Destruction
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Central Banks Purchase Gold To Offset Their Own Monetary Destruction

Authored by Daniel Lacalle via The Mises Institute,

Why is the price of gold rising if the global economy is not in recession and inflation is allegedly under control? This is a question often heard in investment circles, and I will try to answer it.

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