DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Jeff Christian, managing member of the CPM Group, gives an overview of the countries that netted the largest change in their gold reserves last year and why these changes were made.
Speaking to David Lin, anchor for Kitco News, Christian said that central bankers think a gold standard “doesn’t make sense.”
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow CPM Group on Twitter: @CPMGroupLLC (https://twitter.com/CPMGroupLLC)
Follow CPM Group on YouTube: https://www.youtube.com/c/cpmgroup
0:00 – Country overview
4:50 – Reasons for buying gold
9:23 – Stabilizing currencies
11:55 – Gold standard
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisionzs.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.