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Central Banks Are Buying Gold To Protect Against the Threat of a Sovereign Debt Crisis

Inflation at a 40-year high and rising interest rates worldwide are creating a lot of stress in financial markets and pushing the global economy into a recession and potentially creating a sovereign debt crisis. According to one fund manager, the macroeconomic backdrop is creating a perfect storm for gold prices and gold mining stocks.
Posted: 2022-08-05 12:44:52.000000

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