Hi all: I don't post much, but this was too good to let go unnoticed:
https://www.bullionstar.com/blog/ko...old-report-just-before-swiss-gold-referendum/
When a massive entity such as a bank like this, produces the statements like they have, you know that they are very likely doing the exact opposite.
I feel terrible for the poor lemmings who read this stuff and believe it.
It wasn't long ago, Greenspan was busted for saying gold is the ultimate store/exchange of wealth: When for years as head of the FED the sprouted that PM's were a waste of time effort and capital. Now he asks why are central banks buying gold when it's costly to store and ship, and has no return: Because it's the ultimate store/exchange of wealth.
Good luck.
https://www.bullionstar.com/blog/ko...old-report-just-before-swiss-gold-referendum/
When a massive entity such as a bank like this, produces the statements like they have, you know that they are very likely doing the exact opposite.
I feel terrible for the poor lemmings who read this stuff and believe it.
It wasn't long ago, Greenspan was busted for saying gold is the ultimate store/exchange of wealth: When for years as head of the FED the sprouted that PM's were a waste of time effort and capital. Now he asks why are central banks buying gold when it's costly to store and ship, and has no return: Because it's the ultimate store/exchange of wealth.
Good luck.