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Central Banks Taking All The Gold | Alasdair Macleod
The level of interest in gold is way down, says Alasdair Macleod, head of research at Gold Money and https://alasdairmacleod.substack.com. But recent developments in the banking system and geopolitical conflicts should lead to much more gold demand. Portfolios are extremely under-weighted in gold investments, he says. While the central banks have been purchasing gold en masse, individual investors have less than 1% invested in the sector. There is simply not enough gold for individual investors to achieve even a minor increase in their allocation, says Macleod..unless the gold price rises much higher.
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INTERVIEW TIMELINE:
0:00 Intro
1:32 Banking system
15:57 Middle East conflict
28:13 Gold update
39:28 Gold Money
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