The market is asleep. The banks and MSM have not been talking...

The market is asleep. The banks and MSM have not been talking about gold because the banks have been accumulating gold. Now they are getting set, the banks are coming out with big price point targets. It gets hard to ignore the elephant in the room. It's the oldest trick in the book. This is open manipulation. It looks as though the reserve banks are hoarding regardless. We will never really know, but we can follow the physical price.
The FED is screwed in a debt spiral. It cant lower rates because it will drive inflation wild (good for gold) and they cant really raise rates because it will break things given their extreme debt levels. The govt needs $1 trillion per 100 days with no end insight. They are also in an election year, so it's peddle to meddle on the reckless spending front. A lot of the other Fiat currencies are also crap against gold.
If (WHEN) the world sees another major correction, economic screw-up, war, pandemic or any other black Swan event take place, then the FED will have little choice but to prime the pump. I think the smart money sees the FED dilemma and is simply buying gold as a hedge. The A$ Is also 64c, so its agreen light for Aussie-based gold miners. Time will tell. dyor