GENESIS GOLD GROUP
17 Nov 2023
This will greatly impact prices as the value of both types of currency fluctuates.
It’s crystal clear that central banks across the globe believe this will make the prices of precious metals rise because they’ve been buying up as much of them as possible. 2022 was a record-breaking year for central banks buying precious metals, and 2023 may break that record. It depends on Turkey’s central bank, which is the rare seller of precious metals due to their collapsing economy.
Will gold and silver prices skyrocket when CBDCs are rolled out in earnest?
Nobody knows for sure, but central bankers seem to think so, as do financial giants like BlackRock and State Street who have quietly recommended to their biggest fish to start buying precious metals in recent weeks.
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