The Gold Market Is Being Tested Like Never Before

[hegemony]

The Gold Market Is Being Tested Like Never Before

[hegemony]

Opinion: ‘There is no gold.’ Bullion dealers sell out in panic buying

[IndyPoolPlayer]

Nutcase talking head predicted Au will go to $10,000 per ounce because of the relief act, unlimited QE, and upcoming helicopter money.

[IndyPoolPlayer]

4 hours ago, hegemony said:

[From the linked article]

Much of the world’s gold is stored in vaults in London, Switzerland and New York. The largest single depository is the New York Fed, which holds 497,000 bars stacked high on the Manhattan bedrock. In London, the Bank of England in the City of London holds a further 400,000 bars, while other vaults are operated by banks and logistics companies.

Ummm --- Fort Knox?

[oldblue]

On 3/26/2020 at 2:09 PM, IndyPoolPlayer said:

Ummm --- Fort Knox?

Fort knox was raided a long time ago.