Have a friend, just a random guy, who knows nothing about the upcoming cash bans or bail in laws and with his super investments tanking and a cool half a million dollars in the bank, he asked me, 'is it the time to panic. What do I do?' Last time we spoke around a similar topic was 4 years ago, when gold was 1600 an ounce. I said then, 'buy some gold. what do you have to lose? The excrement is going down, we just don't know exactly when.' With his wife chipping in as well, demanding answers to insoluble events, I repeated the same thing: 'buy gold, what do you have to lose. Gold is over 2500 now and comfortably heading higher.' So gold will probably have a new buyer, 100ks worth and banks potentially one less customer, or rapidly depleting deposits at the least.
This is just one random guy.
How many more are out there?
GOR Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
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