Global 'Gold Rush' Beginning As Investors and Central Banks Buy, Repatriate and Move Gold: Mark O'Byrne

By GoldCore / December 04, 2019 / marketsanity.com / Article Link

? + Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions

? + Gold and silver bullion coins and bars owned by GoldCore's clients have been moved from Hong Kong to Singapore

? + Central bank and institutional gold rush is beginning as prudent money diversifies fx reserves by buying gold & repatriates their gold from London and New York

? + Central banks are repatriating gold and buying gold as never before due to macroeconomic, geopolitical, systemic and monetary risks

? + Poland's government completed the repatriation of 100 tons of gold bullion; 8,000 gold bars worth $5 billion were moved by G4S from the Bank of England to the Polish central bank

? + Serbia, Poland and Hungary have boosted their safe haven gold bullion reserves to protect their foreign exchange holdings and hedge growing monetary and systemic risks

? + Slovakia has joined China, Russia and a host of countries buying gold or seeking to repatriate their gold from the Bank of England and the New York Federal Reserve

? + Global rush to gold is leading to a run on 'bank gold' which is gold stored with banks and indeed a run on on the 'gold bank' in the form of central banks including the Fed and the Bank of England

? + Prepare now with physical gold coins and bars in your possession or in fully segregated storage in Singapore and Zurich

Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore has become one of the leading gold brokers in the world and has over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.

Recent News

Gold stocks again reach new highs

September 22, 2025 / www.canadianminingreport.com

Silver outpaces major metals in recent months

September 22, 2025 / www.canadianminingreport.com

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok