Top 10 Nations Buying Gold: A Portfolio Strategy You Can Follow
With over 36,000 metric tons in reserves—about one-fifth of all the ever mined—central banks know something we should too: Gold is the ultimate safety net. Since 2009, these institutions have been net buyers of the precious metal, and in the past decade alone, they’ve scooped up one out of every eight ounces produced globally.
If these guys are loading up on gold, shouldn’t that tell you something about where your own portfolio should be?
While fiat currencies can be printed at will (and we’ve seen plenty of that lately), gold remains a finite resource. I believe that makes it the go-to asset when economic uncertainty rears its head. Countries all over the globe have realized this, and they’ve been buying gold in…
