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Russia central bank continues silver purchases, Willem Middelkoop notes

Russia central bank continues silver purchases, Willem Middelkoop notes
Russia central bank unique silver buyer

Willem Middelkoop points out that Russia's central bank has been purchasing silver over several years. According to Middelkoop, it is currently the only central bank engaging in sustained silver acquisitions.

Middelkoop has recently challenged the view that investors are moving toward the dollar, citing long-term charts that show no significant shift. He has also noted data indicating that 81% of young Americans rate U.S. economic conditions as bad or terrible. Both points add context to his observations about central bank asset allocations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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