CAI - General Chat, page-721

BORROWED from a site that I receive market advice from

Central banks bought a record amount of gold last year.

In fact, collectively, they bought more gold than any time since 1967.

China led the charge.

But Russia…Turkey…India…and Croatia all piled in.

All told, central bank gold purchases increased 152% in 2022 alone.

So, what do they know that you don’t?

My guess is they’re anticipating the end of the dollar-dominated financial system and panicking into gold…

They know that as a new financial order emerges, where multiple currencies vie for dominance, holding gold strengthens your hand.

But with central banks piling in at a record pace, I think there’s a strong chance gold will continue to press higher from here.

If that happens, trading gold stocks could be a great way of playing a rising gold price