Currencies and the global system · Lesson 6 of 10
Why central banks hold gold at all
No default risk, no issuer, and it settles without a system.
About 9 minutes · Advanced
What to take away
- Reserve diversification, not speculation.
- Reported net buying is elevated.
- It says nothing about future price.
Why this lesson is written this way
Each point above is checkable. Where the subject is genuinely disputed — the causes of inflation, the future of the dollar's reserve role, whether current debt levels are sustainable — the lesson states both readings rather than choosing quietly for you. Nothing here predicts a price, because nobody can.
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