Countries Are Stockpiling Gold - Why You Should Too
With the markets at their most unpredictable in years, there has never been a better time to buy gold. In fact, there’s never a bad time to buy gold - it’s no wonder the United States holds far and away the largest gold reserves of any sovereign nation or supranational institution, with over $180-billion worth in Fort Knox alone.
However, we must be mindful of China, mining and stockpiling gold at a faster rate than any other nation. Not only is the Chinese government leading the pack in annual imports, leaving nations like Russia, Germany and England in their wake, they aren’t exporting (at all), and are encouraging private companies to do the same. Now that China has surpassed Germany for the second-highest gold reserve in the world, they are poised to overtake the U.S. sometime in the not-so-distant future if this troubling trend continues.
And as we all know, the old saying goes, “They who have the gold make the rules.” At Rosland, we help people make their own rules every day by guiding them through the extremely easy and straightforward process of buying gold.