GOLD the reason for its popularity is its rarity - Gold is a finite commodity - There is only so much of the golden metal available, and it can’t be manufactured.
Some experts, including Goldcorp’s chairman, Ian Telfer, are predicting that the amount of future gold to be mined is already on the decline. The fact that gold mining is on the decline is nothing new. That has happened before. What is worrying some investors is that the world may be running out of physical gold.
Well we got it in time, ex....the futures LT; long term trend normal moves since >500yrs cycles > 7yrs up and 7yrs down > if not manipulated and if manipulated > it fly much higher or fall off the cliff -
Worldwide Major Central Banks are Accumulating Their Gold Holdings Gary Wagner Gary Wagner Friday March 22, 2019 18:20
Note, bottom line.... There is an old adage that you buy when the big boys buy, and sell when the big boys sell. If this adage holds any weight we could be looking for gold pricing to continue to rise in value.
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