A historic surge in central bank gold buying—over 316,000 kg in the past year—may be less about profit and more a global red alert, warns Sujit Bangar, founder of taxbuddy.com. In a widely shared LinkedIn post, Bangar calls the 63% jump in gold prices not a rally, but a warning: global financial trust is cracking. Advertisement
“This isn’t a mere rally. It’s a warning signal,” Bangar wrote, pointing to an unprecedented pace of gold accumulation that echoes past crisis markers like the 2008 financial collapse and COVID-19.
Traditionally, investors turn to the U.S. dollar and Treasuries during volatility. But Bangar argues the game has shifted. “Fear no longer means dollar safety—it means buying gold,” he said, noting the dollar’s steepest six-month fall in 50 years and rising fears over