gold, page-84212

ASX listed gold producers have been a bit lack lustre the last couple of weeks. Going into the end of the qtr should see the next rise in share prices and POG. Shame about the AUD being chased due to our yields on shares/bonds. Still, the amt of $$ in the system will see US POG rise over the med term imho and with it the AUD POG. Still dificult to buy physical without any significant premium, waiting periods.
Perth mint doesnt show "unavailable" until you try to purchase - then unavailable. No more 1KG, No more 20oz or 50oz.
Starting to see "delivery expected late aug or sept".
Cant see any of that being negative for POG -
Best thing that could happen would be:
Major banks dump all gold contracts onto the FED/CBs and then the FED/CBs could have currency backed by its gold holdings - but noone gets gold - they get gold backed currency to close out all gold trading and then they would be back to gold backed at some rate of $$/oz and gives value back to fiat currencies globally based on CB/country gold reserves/holdings....
Or they could Brrrrrrrrrrr until the point where inflation spirals as people dont want fiat and will swap it for anything else today at todays prices rather than tomorrow (future) at whatever price. Food, assets, general goods - sellers can rack up the prices - those with $$ will spend it.
Those with no money (or too little) and facing a lack of goods will find things increasingly grim.
Its already started - keeping people locked up on top of everything else wont work. Vaccines are a fantasy but the gov will still ensure we are injected with something!
If i show them ive been taking HydrochloroHODL regularly and injecting Dettol - they should let me be??