Ходжа Н. (hojja_nusreddin) wrote,
Ходжа Н.
hojja_nusreddin

Why Gold Is Worth More Than The Spot Price?


There’s a general correlation between fluctuations in the spot price of gold
&
- the rate at which certain countries’ central banks expand their reserves of the metal.
- The two are usually roughly equivalent in value.

However, the world’s 4 largest central banks
:
1. the U.S. Federal Reserve
2. the European Central Bank
3. the Bank of Japan, and
4. the People’s Bank of China

have expanded their gold reserves by 300% since 2005

- yet the price of gold hasn’t kept pace
- In fact, it’s even gone down in value slightly in recent weeks

__________________________________________
https://goldcopreciousmetals.com/goldco-precious-metals-blog/gold-worth-spot-price
Tags: investment, банкстеры, доллар, золото, ценность
Subscribe

Posts from This Journal “золото” Tag

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 0 comments