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Non-Tech : The Woodshed

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To: bull_dozer who wrote (60718)4/17/2024 3:57:08 PM
From: bull_dozer  Read Replies (1) of 60754
 
Gold is sniffing out monetary and geopolitical dystopia

‘Never seen before’ levels of buying could be the makings of a war chest

A powerful force is stalking the world’s gold market. It is operating in the shadows.
None of the normal footprints are visible on the London bullion market or the Chicago Mercantile. Retail goldbugs have not been buyers: ETF gold funds have been shrinking since December. The crowd is piling into the Bitcoin scam instead.
Yet gold has smashed through a four-year barrier around $2,000 an ounce, rising in parabolic fashion since mid-February, and hitting an all-time high of $2,431 on April 11. Is somebody preparing for an escalation of the shadow Third World War?


telegraph.co.uk
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