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Gold Scams vs Global Reserves | Wilmington News

Gold Scams vs Global Reserves | Wilmington News

Published 14 hours ago
Description

NYPD warns seniors about a deadly gold scam where fraudsters impersonate government officials, swindling victims out of millions—over $100 million lost in NYC alone—with one victim hit for $9 million. Meanwhile, global central banks are quietly stockpiling gold, with nearly 90% planning to expand holdings next year as inflation and geopolitical chaos drive demand for this timeless safe haven. Even individual investors are embracing gold not as a quick trade but as long-term financial armor against uncertainty.

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