GOLD 0.51% $1,391.7 gold futures

gold and saving the banking system, page-2

  1. 928 Posts.
    As a Libertarian I have no issue with letting the banks and governments collapse (although that is but a dream, I'm realistic and know that won't happen anytime soon).

    My question is though Timber, even if they sold the $300 billion in gold, how long would that carry them for?

    Another point would be, who is to say buyers wouldn't step up in droves to pick up the physical in a fire sale, I understand thats a tall ask, but isn't this whole thread a hypothetical situation, one might even go as far as saying its nothing more than a troll.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.