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Central Banks Buy Gold+ Gold at $10k, Silver at $500, Kitco!!
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<p>[QUOTE="KeyHunter, post: 8088731, member: 122558"]The banks are ALREADY getting a huge price break thanks to organized reserve bank manipulation to keep the price down. It's hugely undervalued. China and Russia have been hoarding/importing gold hand-over-fist in recent years looking to fill their vaults to levels comparable or beyond other large nations, primarily to have their upcoming digital currencies backed by gold. When China feels it has enough gold to shift the global failed/collapsed dollar-based reserve financial paradigm don't worry...the price will rise like crazy...but only after the govts and global bankers have got "theirs", and it will be difficult for any of the masses to afford it then, or product will be scarce to non existent due to the last minute buying fenzy. If you're not getting your gold NOW...well, you're betting on borrowed time. Remember, whoever own the (physical) gold has the power.[/QUOTE]</p><p><br /></p>
[QUOTE="KeyHunter, post: 8088731, member: 122558"]The banks are ALREADY getting a huge price break thanks to organized reserve bank manipulation to keep the price down. It's hugely undervalued. China and Russia have been hoarding/importing gold hand-over-fist in recent years looking to fill their vaults to levels comparable or beyond other large nations, primarily to have their upcoming digital currencies backed by gold. When China feels it has enough gold to shift the global failed/collapsed dollar-based reserve financial paradigm don't worry...the price will rise like crazy...but only after the govts and global bankers have got "theirs", and it will be difficult for any of the masses to afford it then, or product will be scarce to non existent due to the last minute buying fenzy. If you're not getting your gold NOW...well, you're betting on borrowed time. Remember, whoever own the (physical) gold has the power.[/QUOTE]
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Central Banks Buy Gold+ Gold at $10k, Silver at $500, Kitco!!
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