cash Archives - Owning Gold

Why Central Banks are buying more gold than ever.

In 2104 the world’s central banks purchased a total of 447 tons of gold. That’s the second biggest year for buying gold in the last 50 years. And it represented a 17% increase on purchasing in 2013. So what was all that about? After all, the price of gold has been falling over the last …

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If you are hoarding cash, it’s time to convert it to gold.

For generations people have hoarded cash in times of economic uncertainty. For some that has meant hoarding cash in their bank accounts, while others have taken the more literal route and have stashed bank notes under their mattresses or in shoe boxes. Why do people hoard cash? It’s about feeling safe and prepared. The cash …

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