Very few owners of precious metals or of bitcoin understand that investment is fine, but the ultimate reason for possessing them is against the possibility that fiat money will fail. . . . Alasdair Macleod
Bearing its long-term national and economic policy strategy objectives closely in mind, the Magyar Nemzeti Bank (MNB) has raised Hungary’s gold reserves from 31.5 tons to 94.5 tons . . . . MAGYAR NEMZETI BANK
Gold markets rallied a bit during the trading session on Tuesday, as it looks like we are getting close to testing significant resistance . . . . Christopher Lewis
MUMBAI: India’s gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source told Reuters on Thursday, as a reduction in import taxes and a correction in prices from record highs drew retail buyers and jewelers . . . . Reuters