Supranational Tweet Although the Tweet can be substantiated the information it contained cannot, however it has been cited as influencing electronic trading in gold once released. The founder of Goldmoney, Roy Sebag, today tweeted that he had heard from multiple sources that a large global supranational organization had been acquiring every ton of gold that is produced in North America. The net result of the trifecta of events was a tremendous tailwind in both gold and silver pricing. As of 4:45 PM EDT gold futures are currently trading up $23 and fixed at $1446.30. Silver futures continue to move like a runaway freight train. The precious white metal gained almost 2 .5% in trading and is currently fixed at $16.36 after factoring in today’s $0.39 advance. https://www.kitco.com/commentaries/2019-07-18/Gold-And-Silver-Prices-Skyrocket.html
Interesting. Given Sebag via GoldMoney and Mene (24k jewellery maker) would be buyers of gold, if someone / something was sucking up all North American produced gold, then it would certainly come to his attention. Are larger hoarders stepping up a notch?
