Swiss Bankers Association says gold’s importance as a store of value is only increasing despite its recent price volatility - KITCO
The Swiss Bankers Association finally admitting gold's increasing importance as a store of value just tells you they're seeing the writing on the wall too. Their comment about "recent price volatility" is a convenient misdirection. Gold isn't volatile; the purchasing power of fiat currency is what's truly unpredictable. They're simply legitimizing what every serious stacker has understood for well over a decade.
Consider what the dollar buys today versus when you started stacking. Gold's spot at 4501.97 reflects a weakening dollar, not instability in the metal itself. Central banks are loading up precisely because they know this. Total global debt continues to climb, debasing currencies by the day. That's the real volatility, and gold remains the ultimate hedge against it.
Keep an eye on sovereign debt levels and continued central bank gold acquisition. When even the Swiss bankers are changing their tune, it's a clear signal. The shift to physical assets will only accelerate.