{"id":1989,"date":"2023-02-19T05:52:27","date_gmt":"2023-02-19T05:52:27","guid":{"rendered":"https:\/\/prendergast.net\/?p=1989"},"modified":"2023-02-19T05:52:27","modified_gmt":"2023-02-19T05:52:27","slug":"central-banks-are-replacing-dollars-with-gold","status":"publish","type":"post","link":"https:\/\/prendergast.net\/?p=1989","title":{"rendered":"Central banks are replacing dollars with gold"},"content":{"rendered":"<div id='post-thumb'><img alt='' src='https:\/\/markethive.com\/uploads\/david-ogden\/images\/blog_359746.gif' style='height:1px; width:1px' \/><\/div>\n<h1><span style=\"font-size:18pt\"><strong>Central banks are replacing dollars with gold<\/strong><\/span><br \/>\n&nbsp;<\/h1>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/UwurpReZlR8\" title=\"Central banks are replacing dollars with gold\" width=\"720\"><\/iframe><\/p>\n<p>The economy started the year on a strong note, and the gold market is taking a hit. The Federal Reserve might need to raise rates more than expected since inflation is not coming down fast enough.<\/p>\n<p>Here&#39;s a look at Kitco&#39;s top 3 stories of the week:<\/p>\n<p>3. Macro data: Gold price drops below $1,850 as U.S. retail sales surprise on the upside in January<\/p>\n<p>2. Frank Giustra warns that the dollar will be dethroned in &#39;bifurcated&#39; global monetary system<\/p>\n<p>1. Billionaire John Paulson: central banks are replacing dollars with gold, you are better off investing in precious metal than USD<\/p>\n<p>By Anna Golubova<\/p>\n<p>For Kitco News<\/p>\n<p><span style=\"color:#000080\"><span style=\"font-family:Tahoma\"><span style=\"font-size:medium\"><u><a href=\"https:\/\/kms.kinesis.money\/signup?referrer=KM13461268\" style=\"color:#000080; text-decoration:underline\">Time to Buy Gold and Silver<\/a><\/u><\/span><\/span><\/span><\/p>\n<p><\/p>\n<p>Tim Moseley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central banks are replacing dollars with gold &nbsp; The economy started the year on a strong note, and the gold market is taking a hit. The Federal Reserve might need to raise rates more than expected since inflation is not coming down fast enough. Here&#39;s a look at Kitco&#39;s top 3 stories of the week: &hellip; <a href=\"https:\/\/prendergast.net\/?p=1989\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Central banks are replacing dollars with gold<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[621,810],"_links":{"self":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/1989"}],"collection":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1989"}],"version-history":[{"count":0,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/1989\/revisions"}],"wp:attachment":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}