I understand that many central banks are accumulating gold at the moment, but there will be a time where they want to sell, right? Do they just sell it to other countries’ central banks, or also to people/companies?
In: Economics
Gold is supposed to be backed by a real gold supply but just like everything in finance. It’s all fake. All the buying and selling. The price is artificially controlled by central banks/hedge funds and has been for many decades. And the tiny portion of gold being sold to people is from 3rd parties. Costco will sell you gold.
Latest Answers