GOLD 0.51% $1,391.7 gold futures

central bank gold-buying increases by 500%, page-18

  1. 3,846 Posts.
    "After the ECB released 529Billion Euros to the European Banks, this potential banking collapse was off the table. And these gold purchase positions were reversed"

    Where did the ECB get 529 billion Euros? How much more do they have tucked away? If this money is used will it be required to be paid back?

    Why don't the ECB, FED, RBA etc just cover the debts of every man and his dog on the street, that way we would all want for nothing.

    The irresponsible go bust and never have to be accountable theme of all this GFC and post GFC stuff doesn't seem to be real or sustainable imho
 
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