From Market Oracle
By Money Morning
''But what I'm here to tell you today is that the world's central banks
have quietly - almost secretly - returned the world to a new version of
the gold standard.
Back in 2010, the world's central banks became net buyers of gold for
the first time since 1988. Buying ramped last year and net purchases
exceeded 455 metric tons (tonnes). That was the largest net purchase
since 1964.''
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