Central Banks Choose Between Gold and Dollars. Gold Is Winning.
Indre Baronina
August 10, 2026
Every country on earth keeps a rainy-day fund: a pile of emergency savings, managed by its central bank, set aside for wars, crises, and currency runs. These stockpiles of cash around the world are known as a nation’s “reserves”, and the people who manage those funds are called reserve managers. Due to America’s
