GOLD
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0.51% $1,391.7 gold futures

gold, page-93144

  1. Just4kicks
    4,419 Posts.
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    04/03/21
    13:56
    Post #: 51517421
    In '08 and '09 Banks leased and sold gold to increase liquidity which temporarily swamped the market and suppressed/caused a nose dive in price- this occurred right when most expected gold to rocket- by '10 the price soared. Could this issue of bank liquidity be resurfacing? I'm not in the know but watched the unfolding with surprise during GFC.
    Value at posting: $1,391.7
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    lightbulb Created with Sketch.  Great analysis
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