Organizations Like the WEF, IMF & Central Banks Are Pushing the Idea of a CDC

Did you know that nearly one-fifth of all the gold ever mined is held by central banks? Besides investors and jewelry consumers, central banks are a major source of gold demand. In fact, in 2022, central banks snapped up gold at the fastest pace since 1967. 

However, the record gold purchases of 2022 are in stark contrast to the 1990s and early 2000s, when central banks were net sellers of gold. Central bank attitudes toward gold started changing following the 1997 Asian financial crisis and then later, the 2007–08 financial crisis.

Since 2010, central banks have been net buyers of gold on an annual basis. Organizations like the WEF, the IMF & central banks are pushing the idea of a CDC while they’re secretly WEF, purchasing gold behind the scenes.