More European countries buying Gold

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 4, 2019.

  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I think it's illegal for them to leave china with any gold. Last I knew.
     
  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    It sounds like he had a long night at a college party, yet he did that to himself.

    It gives new meaning to the word dinglebullion.
     
  3. TreasureHunter

    TreasureHunter Well-Known Member

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  4. TreasureHunter

    TreasureHunter Well-Known Member

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    Wow, really? Is that because of communism?
     
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Not sure about that or why. I just read somewhere gold wasnt allowed to leave China. They want it kept there.
     
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Maybe for a future confiscation that they know will be coming.
     
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    Wow, that sounds so typically COMMUNIST
     
  8. alor

    alor Well-Known Member Silver Stacker

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    he preferred to be poked by gold than by tax
    but this is a better picture to it

    [​IMG]
     
  9. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Tusk is no fan of Trump.
     
  10. alor

    alor Well-Known Member Silver Stacker

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    its the language from one Donald to another in duck
     
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  11. TreasureHunter

    TreasureHunter Well-Known Member

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    RT on "Central Banks worldwide buying gold" - short article even a teenager could write on his personal blog; yet, it's interesting:

    "Citing “fear-driven demand” for the precious metal, Goldman analysts said last week that investors should diversify their long-term bond holdings with gold.

    “Going long-term depends on what is going to happen to global growth. The further out you go, the higher the probability that the US is going to hit a recession. We have $1,600 holding out through 2021,” Goldman Sachs analyst Mikhail Sprogis told Kitco News. Gold was trading at $1463.30 per ounce on Tuesday.

    Sprogis said that central bank gold demand will be driven by demand from Russia, Turkey, China, and other countries, including Poland."


    Full article:
    https://www.rt.com/business/475463-goldman-sachs-gold-dollar/

    ...

    Kitco.com also quotes Goldman Sex, stating that gold will hit 1,600 $ (which I believe), but silver will stay around 18 $. Doesn't sound so optimistic for silver stackers:

    https://www.kitco.com/news/2019-11-25/Goldman-Sachs-sees-gold-at-1-600-silver-at-18-in-2020.html
     

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