With Central Banks around the world betting against their own FIAT currency, it becomes much easier to understand why it’s important to hold Gold! I believe there are going to be a lot of very unhappy ETF investors that get screwed!
Could you evaluate if that 400 metric tons comprises the entire Basel III gold-backing requirement? Is this just a first shipment? Without that analysis, you can jump to any conclusion.
Matthew has nailed it. 👍
With Central Banks around the world betting against their own FIAT currency, it becomes much easier to understand why it’s important to hold Gold! I believe there are going to be a lot of very unhappy ETF investors that get screwed!
Could you evaluate if that 400 metric tons comprises the entire Basel III gold-backing requirement? Is this just a first shipment? Without that analysis, you can jump to any conclusion.
Spot on man let the party begin
Thank you for the expanded insight.
Thanks. Obvious but needs to be said over and over.