Why wouldn't they buy, put their money where their mouth is! GS have even placed an expectation on the US gold price being $4500 by the end of the year as the US bond market continues to escalate and the USD will be forced to drop at some point, especially if China sells some of those bonds! A big economic crash in bound IMO. Trump cannot prevent it - they are too far in debt and interest rates are already so low. Little room to move and too many dependent on the state to get out of that debt hole. Also, in late July we will find out if the recession is confirmed with the second consecutive 'official' negative GDP. I have been sure for a long time that they have been in a recession, but they fudged the numbers in recent years under Biden. It is getting harder and harder to hide the US economic decline so the truth will be out for all to see soon IMO. Great for all things gold!
RSG Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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