Ходжа Н. (hojja_nusreddin) wrote,
Ходжа Н.

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

Tags: investment, банкстеры, доллар, золото, ценность

Posts from This Journal “золото” Tag

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