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Gold first real test
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FW30
Posted 4/4/2024 10:22 (#10693355 - in reply to #10693299)
Subject: RE: Gold first real test


EC SD
I think it is massive buying by foreign governments who have lost faith in holding US dollars as a reserve currency. When they hold physical gold/silver, that currency is not so easy for the US to sanction nor seize for that matter. They can physically hold it within their own country instead of in a foreign bank...

Gold/Silver is the best alternative currency. Sorry bitcoin and other crypto is just not trustworthy enough for this purpose...
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