It is shocking that big central banks like turkey have sold gold to to create liquidity and address their forex reserves due to hike in oil prices. This is the most immature financial decision by a central bank. This tell us that the people managing turkeys financial reserve Bank are not mature. As a central bank they have so many financial tools at their disposal to address the issue, either today or after the conflict ends. In saying that the govt of India has played a brilliant strategy since the conflict began. If they had panicked, we would lose. So far, so good for India.
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It is shocking that big central banks like turkey have sold gold to to create liquidity and address their forex reserves due to hike in oil prices. This is the most immature financial decision by a central bank. This tell us that the people managing turkeys financial reserve Bank are not mature. As a central bank they have so many financial tools at their disposal to address the issue, either today or after the conflict ends.
In saying that the govt of India has played a brilliant strategy since the conflict began. If they had panicked, we would lose. So far, so good for India.
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At this time, which one is a good investment in either a GOLD ETF or PHYSICAL GOLD??
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