Loading ...Goldman imo is the Gov’t front man, the buffer. There will be a time when the BOZOS need and want higher Gold. We’ve seen that before. Perhaps to encourage the selling of scrap jewelry, or coins etc when they need supply for delivery for people “WITHDRAWING” gold from the “BANK” COMEX.
When people buy to hold physical gold they are actually making real WITHDRAWALS from the real BANK. COMEX. That what the Feds don’t like, but at the same time, they WANT people to think they can “withdraw” funds at will, just like when you go to a regular bank to withdraw $10,000 for a used Toyota.
They want people to be confident they can get their paper cash anytime they want. Same with gold. Higher gold inhibits withdrawals, encourages deposits of gold. My view.