Why are Banks Hoarding Gold and Silver? Precious Metals Price Skyrocket Coming?

in gold •  6 years ago 


Many central bank and retail bank players have been accumulating huge amounts of precious metals, especially since the 2008 financial crisis. Institutional investors including Berkshire Hathaway have also been getting in on the gold and silver action. At the same time, it has been revealed that some of these same players have been manipulating the price of these assets using the futures market. Is this a massive dump and pump scheme that is eventually going to lead to skyrocketing values in gold and silver?

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