you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 8 months ago

For THAT much gold to have got on the market, somebody big is financing something, liquidating a bunch of their reserves?

Russia's got African gold as part of its income ( the Africa Corps, formerly Wagner, being their means of harvesting African gold, both directly & indirectly, apparently ).. this could simply be them converting from gold to some other kind of asset, in financing their war..


XOR it's all ditched futures?


The people who pointed-out that it's all just a 2-week setback, though .. consider that the other-way-'round:

that in 2-weeks, gold has CLIMBED that much..

THAT is .. terrifying.

World's bracing for economic-armageddon/collapse/Depression2.

_ /\ _

  • source