GOLD 0.51% $1,391.7 gold futures

The number who can afford to, will opt for gold, but far many...

  1. 33,063 Posts.
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    The number who can afford to, will opt for gold, but far many more will have to go for silver and the supply just won't be available (existing holders won't sell).

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    The supply won't be available?...You really are a dreamer Dentie, there's thousands of tons of the stuff lying around. 35,876 tonnes of silver in London alone. Plenty of traders and dealers will have to liquidate gold and silver to compensate for losses.

    A worrying sign for goldbugs...the DXY and gold falling simultaneously.

    https://hotcopper.com.au/data/attachments/2015/2015559-421a2f2e22d2d6d42b78e01d3dc16a0f.jpg
    Last edited by Skol: 29/02/20
 
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