Personally I don't think the western central banks would dare to add to their inventory, there is not enough to supply the BRICS and if the west started to stockpile the price would explode to the upside. Cheers and thanks for the great comment.
RE: Why won’t the silver and gold price move higher????
You are viewing a single comment's thread from:
Why won’t the silver and gold price move higher????
The FMI through BIS will increase the supply as needed especially for in time of financial crises, buying derivatives in trouble banks and future recession.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is the FMI? The BIS will run out of ammo when the there's a rush for the exit. Cheers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sorry, FMI is IMF in English... cheers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit