Phil Tarrant’s Post

Central banks are set to continue their gold buying spree into 2024, driven by economic uncertainty and geopolitical instability. Despite record purchases and high prices, nearly 30% plan to increase reserves, citing gold's value and diversification benefits. Read the full article here 👇

The World Gold Council’s latest survey reveals a significant trend: nearly a third of 70 central banks plan to increase their gold reserves in the coming year, the highest level since 2018. This strategic move aims to mitigate default risks amidst a complex geopolitical and financial landscape. Discover more insights in our latest blog post. Click the link to read! #GoldmanGraff #investmentgold #goldreserves

Central banks globally are buying #gold at a blistering pace. Our Global Head of Central Banks, Shaokai F. shared his view on why in an interview with The Asset. Read the interview (http://spr.ly/6041nrExz) or learn more in our #GoldDemandTrends report, which explores all the data on last year's central bank gold demand. Find it here: http://spr.ly/6042nrExM

Instability and rapid decadency of FIAT monetary system unveil a bright future for gold holders and gold miners. Major actors of the centralized financial system are in hurry to edge their stability against their secular role of debt multipliers for the imminent collapse. #entrepreneurship #venturecapital #management #innovation #market #startup #economy #economics #creativity #opportunity #tecnology #invest #gold #bitcoin #goldmining

Gold demand from Central Banks remained strong throughout 2022 & 2023. What do the institutions know that we don't? Despite significant ETF outflows, the demand for physical gold is strong. Are larger players positioning for a rate cut or possibly another run in gold? If so, the move will be quick and without warning. It's best to position yourself during consolidations so you aren't chasing price action as it moves away from you. If you want to discover how you can get started investing in precious metals, I have a team ready to assist you. GET IN TOUCH TODAY ➡ https://lnkd.in/gVcpfbe2 #gold #investing #wealth

#Gold just got brighter in 2023, with central banks driving over 21% of the demand, total global gold demand reached an all time high. The World Gold Council's report reveals this surge, emphasizing gold's role as a stable asset amid economic and #geopolitical instability. US #Fed holds nearly 70% of its foreign reserves in gold. While #Turkey’s central bank increased its share of foreign reserves held in gold by 0.73% in Q4 of last year, which is by far the largest increase of any country. In times of uncertainty, gold is the most popular safe haven asset. https://lnkd.in/dxWYzGcP

A positive trend in the increase of gold prices is present as central banks show a growing inclination amid waning confidence in bonds. This shift suggests a renewed trust in gold as a valuable asset. #gold https://lnkd.in/eH-QyzUu

24% of central banks intended to increase their gold reserves over the following 12 months. Here's what this means for consumers. ⬇️ . 🪙 A more stable monetary environment that may help mitigate the risk of runaway inflation 🪙An uptick in gold prices globally 🪙This sustained demand can help not only increase gold prices but also maintain them 🪙A stronger dollar and more stable interest rates . Looking to add gold to your portfolio? Here's how Priority Gold can help. #Partnership

24% of central banks intended to increase their gold reserves over the following 12 months. Here's what this means for consumers. ⬇️ . 🪙 A more stable monetary environment that may help mitigate the risk of runaway inflation 🪙An uptick in gold prices globally 🪙This sustained demand can help not only increase gold prices but also maintain them 🪙A stronger dollar and more stable interest rates . Looking to add gold to your portfolio? Here's how Priority Gold can help. #Partnership

Gold gains traction as central banks shift away from bonds. Amidst changing financial landscapes, gold emerges as a reliable choice. Central banks diversifying portfolios: https://ibn.fm/IGYXu #GoldInvestment #CentralBanks #FinancialShift