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Survey: 89% See Global Central Bank Gold Reserves Climbing Over Next Year
Central banks bought an average of 1,000 tons of gold over the past four years, up significantly from the 500t average over the last decade. This marked a big jump in physical gold buying as geopolitical and economic uncertainty soared around the globe. Central bankers aren’t done buying gold, not by a long shot. Over...
The post Survey: 89% See Global Central Bank Gold Reserves Climbing Over Next Year appeared first on Blanchard and Company.
U.S. Inflation Soars Above 4%, Hitting 3-Year High. Global Central Banks Take Action
Inflation is heating up again. The cost of gas at the pump has spiked, and so have prices for everyday goods and services. Middle-class Americans continue to struggle with the high cost of living. U.S. consumer inflation in May jumped at the fastest pace in over three years, climbing to 4.2% from a year ago,...
The post U.S. Inflation Soars Above 4%, Hitting 3-Year High. Global Central Banks Take Action appeared first on Blanchard and Company.


