GOLD 0.51% $1,391.7 gold futures

gold, page-84173

  1. 22,174 Posts.
    lightbulb Created with Sketch. 706
    GN
    i think gold miners would like to build up their inventories with gold bars .
    Some actually do, but the ones that do are kind of ' blacklisted'.
    however, if they started doing that. It would lead to trouble. They would be accused of being a cartel and they would be forced to sell their BULLION.
    There is an unwritten rule that they have to keep selliing their gold that they mine.
    Imagine , if the big miners that vouod afford it in Australia started stockpiling bars.
    Wow. I think we can all work out what would happen.




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.