Trouble On The Horizon: Central Banks Buy Gold While 40% Of US Companies Are Losing Money
The most important news events today are the ones that rarely make big headlines.
Per Zero Hedge: “According to the latest numbers from the World Gold Council, central banks added 27.9 tons on a net-basis to official gold reserves in November. That brings the yearly total for 2018 with one month left to calculate to 570.2 tons, 11% higher than the same period in the previous year.”
Why are central banks investing in gold so aggressively? And what does it mean for you?
I’m breaking it down for you on today’s show.
Intro music by Nick White, producer of The Statist Quo