Why central banks are on their longest gold buying spree in over 40 years
Chris Belchamber
![Chris Belchamber]()
Chris Belchamber
Managing Partner at CB Investment Management, Registered Investment Advisor, Amazon Bestselling Author of "Invest Like The Best", IRMAA Certified Planner, Managing Partner at CCB Tax Pros, Comprehensive Wealth Management
Global manufacturing rolling over
World trade falls 13.8% in dollar volume
US trend growth weak getting weaker
US slowdown now hitting service sector
Income and spending cycles remain in a downtrend
“Great corporate earnings fraud”
Forward earnings expectations are also trending lower
Yield curve flattest since 2007
Bad for financials in particular
What if the central banks can’t even save the banks anymore? Would they start buying gold? Central banks are on their longest gold buying spree in over 40 years
“How big banks created the fed to serve their own interests”
Even the BIS plainly repudiates it’s own members central bank policy
Ray Dalio explains what happens next