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Jeff Christian, handling participant of the CPM Group, offers a review of the nations that netted the largest adjustment in their gold reserves in 2015 as well as why these adjustments were made.
Talking With David Lin, support for Kitco Information, Christian stated that central bankers assume a gold criterion "does not make sense."
Follow David Lin on Twitter: @davidlin_TV ()
Follow CPM Group on Twitter: @CPMGroupLLC ()
Follow CPM Team on YouTube:
0:00 – Nation introduction
4:50 – Reasons for purchasing gold
9:23 – Maintaining money
11:55 – Gold criterion
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These countries bought, and sold, the most gold last year; Jeff Christian explains
Jeff Christian, managing member of the CPM Group, gives an overview of the countries that netted the largest change in their gold reserves last year and why these changes were made.
Speaking to David Lin, anchor for Kitco News, Christian said that central bankers think a gold standard “doesn’t make sense.”
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow CPM Group on Twitter: @CPMGroupLLC (https://twitter.com/CPMGroupLLC)
Follow CPM Group on YouTube: https://www.youtube.com/c/cpmgroup
0:00 - Country overview
4:50 - Reasons for buying gold
9:23 - Stabilizing currencies
11:55 - Gold standard
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisionzs.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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