The dollar is pretty bad and the Federal Government appears on its way to bankruptcy, but other currencies, and their governments, are even worse.
BTW, gold is at record highs in every world currency.
gold is at record highs in every world currency.
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Historic Central Bank and large institutional buying- if they are all buying tons, maybe you should to.
That said, I cross checked the “ rumor” that China is telling their citizens to now switch from buying gold to buying silver. A relative in China ( banking industry) has confirmed this. ….1.5 billion Chinese buying silver insures the already depleted silver market goes only one way- up…..notice the world overnight PM markets, PM’s advance in the Shanghai markets, then are ALWAYS pushed down at about noon time in the NY market….manipulation?
Regardless, I find it interesting all of US supposed “ enemies “ ( Russia, China,etc ) are making it easy to buy Gold and Silver. Walk into your local bank, pay in cash, walk out with PM’s in your possession….need cash? Walk in your local bank and redeem your ounces for cash- try that in a U.S. bank, forbidden.
It appears those “ evil” governments are genuinely looking out for their people’s interests.