Why are Central Banks Buying Gold? Exploring the Trend of Record Highs Central banks buying gold is a rising trend that has taken the investment world by storm. Over the years, central banks have been accumulating gold at an unprecedented rate. Between 2010 and 2019, they purchased over 5,000 tons of gold, the highest level …
US Dollar’s Purchasing Power The US dollar has been the world’s dominant currency for decades. Given its importance as a global trade and reserve currency, understanding the purchasing power of the US dollar throughout history is essential. This post provides an overview of the purchasing power of the US dollar from 1913 to present. Historical …
The BRICS nations (Brazil, Russia, India, China and South Africa) have become increasingly influential in the global economy. Together
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