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    Central Banks Will Keep Buying Gold at Record Pace, Here’s Why



    “My expectation is until we have some significant news, we’re probably going to see gold and silver continue to consolidate,” says Mark Yaxley, managing director at Strategic Wealth Preservation. He predicts that gold is likely to trade between $1,900 to $2,100 per ounce at the end of year and what the price has suggested now could be a good buying opportunity. When speaking of the headlines of central banks adding more gold to their reserve, Yaxley points out that the trend will continue and that indicates “a solid base of demand for physical gold… which will help drive up the price.”

    #investing #inflation #investment #federalreserve #gold #silver #preciousmetals

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    Chapter stamps:
    00:00 Gold/silver Fed meeting
    3:51 Gold’s $2,000 price mark
    5:44 Buying opportunities for gold/silver
    6:37 Central banks buying gold
    9:17 Silver premiums
    10:42 Gold premiums
    11:42 Platinum demand
    13:15 Mark’s favorite precious metal

    View 42 Comments

    42 Comments

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    26. Mr. Marvelous Mess on

      If BRICS announces a gold backed currency (which would be great for the world) the price of gold will surge thus causing the value of BRICS bucks to go up overnight. But then they are pegged to Gold so it will be tricky to inflate as needed.

    27. ABC XYZ on

      Gold IS GOD
      1st God/Born-again Rapture/ESCAPE/Congratulations
      2nd Gold/Biden: Reprobates Evil Empire/Confiscations

      Glob.all.ists MEANWHILE SALIVATING
      GRINNING Over ur gold stacking

      Goodness Gracious–it ALL UNRAVELS @ 2nd COMING

    28. Terry Marshall on

      Rate hikes will go up till the bad players go bust ok pay attention it's about wiping out the bad players and shifting there wealth to the bigs….all the so-called experts on you tube are going away as well as the ads from zombie co.

    29. Oprimiorico on

      I will keep buying my targeted stocks on low days. They keep dropping and I keep buying. I'm running lower on cash though… down to about 20% cash. I'll keep buying the sale prices until I'm outta cash. gotta be greedy when others are fearful.

    30. Dakiniwoman on

      Recently there have been so many reports of Banks adding gold to their reserves and also many Countries buying massive amounts of Gold…. But… who are they buying all this gold from? ….. Where is all this gold coming from?

    31. Gus Galvanini-Boldrini on

      "Now is the time to own gold" 🤣
      Sure… If you like to have it ceased by governments or stolen by criminals, of course.

      If you'd like a proper asset that is uninflatable, unmanipulable, incorruptible, decentralized & worldwide buy BITCOIN 😁

      Stay safe friends!

    33. Sergey Anglinov on

      The future of sound money is here. As the digital silver, Litecoin (LTC) has incomparably cheaper transactions fee and is 10 times faster than Bitcoin. Litecoin wasn't premined/ICO launched and isn't controlled by insiders. As a store of value and a truly decentralized digital commodity, not a security, Litecoin wasn't issued by government or a corporation. LTC fungibility combined with the Lightning Network and enhanced level of privacy of its MimbleWimble (MWB) protocol make LTC especially congenial means of payment for secured financial transactions.

    36. Kristofur77 on

      If central banks are buying so much gold how come the prices are so stable? Shouldn't they be increasing because demand is higher?

    38. Darren Stewart on

      Lets face it the electric vehicle market hasnt been thought through, its not the green option that the politiicans think it is! This is related to the platinum market, for example this is why TOYOTA probably the biggest car maker is NOT investing into the EV market. It tends to put its resources into HYBRIDS that will still use an internal combustion engine as a generator. The hybrid market is much bigger world wide than stupid EV's. Try charging your vehicle when there has been an earth quake for instance and all the grid is down. The lines are long enough now at charging stations!

    40. Alexandra William on

      Our time had reached its zenith, and it is now over. Everything not just Banks, Stock including 401Ks, is suffering from the recession and crashes. My $750K retirement equity portfolio is losing money. Because of inflation, I keep losing. Similar to how Rome fell under its despotic emperors, this world will also. I apologize if you are considering retirement but are concerned that your pension won't cover the rising expense of living. There are terrible foreign policies worldwide, as well as disastrous regulatory, fiscal, and energy policies.

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