Central banks: gold a solid foundation for the world economy
In the second half of the 20th century, John Exter created a model of financial system in the form of an inverted triangle. The lower a valuable asset is located in it, the higher its stability and reliability. Gold, a strong foundation for the world economy, is at the base of the triangle.
The positions of central banks fully coincide with Exter’s point of view regarding the fact that the precious metal is the basis of the international monetary system. A series of financial crises forced the central banks to reconsider asset management strategies and reassess the role of gold in achieving Financial Security.
What do central banks of different countries say about the precious metal?
The answer is in the new video.
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