Gold is Taking a Beating Today!

I have one silver dollar and a gram of gold.

 

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LOL, yuppers, me the same!
‘Cept, I just have a silver quarter and silver dime pulled from circulation from my younger years. Inherited a silver dollar from my grandfather.

 

I had a few grams of gold, but I sold them years back. And, yes, I reported the profit and paid taxes on it. (Bought 'em under melt, then sold them at full melt. When spot was under $2K. )

 

I believe anoynmity is granted and they are asking only about any increase/decrease...not the amounts.

Not much different than CTOs being asked about their technology CAPX.

 

That chart was from the World Gold Council's Central Bank Survey:

https://www.gold.org/goldhub/research/central-bank-gold-reserves-survey-2026

Lots of good stuff there, click around.

 

Great read @GoldFinger1969 looks like there,s a pretty large surplus, maybe the reason that the demand is low? but still waiting to pull that trigger when it gets under 4K, its trying..LOL

 

Here's the key link:

https://www.gold.org/goldhub/resear...ves-survey-2026/perspectives-on-gold-reserves

 

Under 4K !! will this spur buying ?

 

In fact I do think I’ll add a bit. I’m sure the market will heat back up very soon.

 

And I did make good on my threat to add a tad.

 

Big report on China and Gold.....key influence of their purchases (1/3rd of gold flows) going forward....must-reading it appears....reading it now, but here's a nice 1-page summary:

 

So not seeing much on global conflict affecting the GOLD price, kind of surprised that the price hasent shot through the roof by now ! especially with the war with Iran expanding.