Central banks have been net buyers of gold every year for a quarter century now at least, it would be surprising news to find we are setting a new paradigm.

The reason that gold has risen so much both in that base usage but more notably pricing as a lagging indicator is the US dollar and/or global reserve system is in generational decline especially due to excessive debt and in turn excessive currency issuance.
   At times previous we have seen nations with deflation or prices on average falling, a big positive like technology sector reguarly seeregularly sees deflation in pricing almost by expectation due to its vast growth and efficiency gains.
   Comparatively we have nations (at least in governance) doing the oppisiteopposite, becoming less efficentefficient, more debt with lower currency and people poorer while doing more work, its why Trump is elected to the surprise of the richest elitist politiceanspoliticians who cannot understand they have failed voters most of whowhom are poor.

In some dystopian projections of the future, some imagine technology overtakes politics partly for this reason.   The efficiency of machines becomes far more vital then the endless hot air production of political rhetoric, such that it becomes the central power of every nation.

  I dont believe we can rely on technology to that extent, people are the nations greatest asset.  Gold is unlikely to decline because its so simple and basically indestructible where as business can be disrupted and tech sector requires a vast amount of investment ultimately from the people, they are originators of the nations wealth not anything else so I do think gold continues in its basic simple function.

Central banks have been net buyers of gold every year for a quarter century now at least, it would be surprising news to find we are setting a new paradigm.

The reason that gold has risen so much both that base usage but more notably pricing as a lagging indicator is the US dollar and/or global reserve system is in decline especially due to excessive debt and in turn excessive currency issuance.   At times previous we have seen nations with deflation or prices on average falling, a big positive like technology sector reguarly see deflation in pricing almost by expectation due to its vast growth and efficiency gains.  Comparatively we have nations doing the oppisite, becoming less efficent, more debt with lower currency and people poorer while doing more work, its why Trump is elected to the surprise of the richest elitist politiceans who cannot understand they have failed voters most of who are poor.

Central banks have been net buyers of gold every year for a quarter century now at least, it would be surprising news to find we are setting a new paradigm.