That has been claimed in many markets at many times, then Captain Hindsight came to Rule, proving once again that what was bought, also got sold....
It's like after the lockdown announcement in 2020, everybody ran to the shops to hampfster so that they wouldn't need to buy for a while, but here...
That's not true eh, golds price had been driven up beyond other stuff, AND, inversely other stuff has been driven up beyond gold. From "just sped...
>>> 5592 tonnes gold sold over the period 1997-2009, price range $300-$700 >>> 3674.7 tonnes gold bought over the period 2010-2017, price range...
[IMG] Looks like you had luck that the checks weren't coming fast enough - buying gold now = getting 3 more ounces on the 100 than oh yesterday....
What you name "premise" here, is not "mine", it's data from gold.org that shows annual net purchases or sales. You can create a free account,...
Yet, a price drops due to people selling. Grabbing profit or cutting losses short, and then, near what will turn out to be the bottom,...
What does that matter? ALL central banks exist to fight speculators. And they cooperate in that. If speculators buy Swiss francs with dollars,...
Now, what you say is a load of BS, the same load of BS that is always told at market tops and bottoms, simply because a sell at top requires...
Near the end of the Cold War, the desintegration of the Sovjet Union, ruble printing, extreme devaluation, a person of the Federal Reserve had a...
Alike I showed along figures: central banks buy and sell gold. During the nineties and early 200x, they sold, price was $300. That was a good time...
You don't react on what I said, you shuffle terminology.
They also sold gold, that's also a fact. Those risks origin not from earthquakes or elephants, they origin from speculants. Why central banks...
It only competes at a certain price, just like anything. It's all relative. 25 years ago for $3000 you got 10 ounces gold. Now you get 1 ounce....
That's all stretched way too far. Golds price drives on bad economic news = whatever currency > gold. Good economic news = gold > whatever...
Separate names with a comma.