Countries are so Spooked by De-Dollarization and the Western Sanctions Against Russia, they are Increasingly Moving Gold Assets Back Home for Safekeeping
41% of surveyed central banks and sovereign funds expect to increase gold holdings in the next three years. Sweeping sanctions against Russia that expelled the country from the US dollar-dominated global financial system spooked other countries so much that they are now lining up backup currencies for trade. But central banks appear to be less willing […]