First published at 06:59 UTC on June 11th, 2024.
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Vince Lanci: Central Banks Are Responding To Market Fragility
By now you're probably well aware that the central banks ha…
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To get access to the 'premium' level of Vince's Goldfix newsletter go to:
https://vblgoldfix.substack.com/
Vince Lanci: Central Banks Are Responding To Market Fragility
By now you're probably well aware that the central banks have been setting records for the amount of gold purchased since 2022. A trend which began after Russia was sanctioned, had its assets frozen, and was then subsequently kicked out of the SWIFT system.
But after 2 years, where does that leave the mindset of the central banks? And why have they been turning to gold in particular?
Vince Lanci digs into the topic in today's show, as he goes through a recent gold market report, talks about how fragility has become the new market volatility, and explains how the central bankers are looking at the current situation.
To find out more, and also get caught up to speed on the most important daily financial market news, click to watch the video now!
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