Joe Public is being dishoarded of their gold (? is that a word)
All the “buy your gold” shops that were set up on line and otherwise was to exchange cash for gold, in fact none of them “sold” any gold to the public, it was a huge buy program. Greshams Law at play.
At my favourite coin shop, Joe public is hurting and unloading gold, silver and heirlooms
Sometime the music will stop and there will be gnashing of teeth ………
There bankers will turn this upside and the likes of JPM will have the last laugh
Gold and silver will also go “no bid” and be underground or black market
Just my musings ……
I am a Dines follower for almost 20 yrs now, though mostly just reading and stacking phyzz rather than tracking his model PF’s
Best regards
Winedoc