The IMF Reports "Gold is a Barbarous Relic No More"

The International Monetary Fund is full of surprises.

They have recently published a paper titled “Gold as International Reserves, a Barbarous Relic no more.”

This is just shocking to me coming from the IMF, but it is potentially just them recognizing the reality of the world around us today and trying to get in front of that so that they are not relegated to complete oblivion and uselessness.

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https://www.imf.org/en/Publications/WP/Issues/2023/01/27/Gold-as-International-Reserves-A-Barbarous-Relic-No-More-528089

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Timecodes
0:00 Video Introduction
1:53 Central Banks Gold Holdings Start to Rise Again
5:13 Gold the Most Liquid Asset
6:08 Disadvantages to Gold
7:45 Gold Holdings
11:15 Gold and Dollar Volatility
12:49 Correlation of Gold and U.S. Dollar Prices

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