Today’s top gold news and opinion

2/22/2024

Gold’s resilience despite recent ETF and futures selling (Saxo Bank)
Switzerland is the world’s biggest bullion refining and transit hub, and the 49% increase last month from a year ago was driven by robust sales to China and Hong Kong.

The safe haven appeal of gold amidst rising geopolitical risks in 2024 (IG Bank)
As data from GeoQuant shows, US political risk is also very tightly correlated with gold.

American Totalitarian “Crypto Dollar” May Come Before the Election (Brownstone Institute)
President Biden has Authorized the Exploration of a CBDC, and There Isn’t any Real Resistance in Congress.

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