https://www.gainesvillecoins.com/blog/the-west-is-losing-control-over-gold-price
I skipped the details of his analysis and quoted his conclusion. You can click the link for the details if you like.
Two news stories from today:
https://www.kitco.com/news/2022-01-04/This-ETF-sees-one-of-the-largest-outflows-in-2021-as-investors-lose-interest-in-gold.html
https://www.kitco.com/news/2022-01-04/U-S-Mint-sees-strongest-gold-coin-sales-in-12-years-sells-1-25-million-ounces-in-2021.html
I found this interesting:
More (long): http://www.sprott.com/markets-at-a-glance/open-letter-to-the-world-gold-council/
The WGC responded with some weak sauce (the comments to the article are entertaining)...
http://www.goldmoney.com/gold-research/newsdesk/world-gold-council-data-supports-bullish-case-for-gold.html
Fools!
:paperbag:
It is heartening to see investment demand outstripping production though.
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