Central Bank Q1 Gold Purchases are up 42% year-on-year, matching levels last seen in 2014.
There is now 2 month waiting list to purchase 1kg gold bars.
So the gold price is not representative of the sale of physical gold at all, only represents the sale of “paper gold”.
The system is too open to abuse, and is a blatant attempt to keep people from investing in gold, exactly the same as in 2008.
Hold on tight!
Central Bank Q1 Gold Purchases are up 42% year-on-year, matching...
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