in days gone by they would have smashed it back already, now life is not so easy.
My guess is we have some serious buying going on and it could well be from China…the latest demo in Hong Kong turned very nasty…..rumours that ‘someone’ paid Triad thugs to beat up demonstrators.
If your Chinese. life under Xi ain’t looking too clever, a few ounces under the bed/in the garden, makes a lot of sense, with the future so bleak.
1 oz each = over 40 K tonnes, 4 Oz = 160 K …all the Gold that has ever been mined, according to James Turk.