The second country in two days to allege price fixing on gold/PMs. China was the first in regards to keeping the dollar higher and as the world reserve. If demand alone determines gold prices, it could go much much higher. The fed would fight this but may have to bow to demands from other governments. I own BRG and SLW. Do your own DD.
Yes, and watch the dollar index to gauge how hard the Fed (and other central banks) will fight. Recently, the closer the dollar gets to 80 on the index, the harder they fight to keep the price of gold contained - could change in the future of course with these new developments.
“Do you own DD.” (?)
I made money on DDD:)
I’m off to look at BRG & SLW