and which of these boycotting nations was actually buying their gold anyway.. smells like central bank tactics of trying to talk the market into the direction they want.. they hate PMs because it exposes fiat fraud.and are just trying to talk it down, especially as they wil l soon have to reverse course on interest rates.. or go the path of Japan and devalue currency by propping up the bond market with money printing while they crucify private borrowers... eitherways .. good for gold
a hundred years ago the average car cost about 18 ounces of gold, today its about 16 ounces.. pretty much unchanged in a century.. yet it takes 8 to 10 times more labour to earn that gold.
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