Loading ...Usually this means a beatdown is coming. No idea what it means now. I’d like to know what “significantly” means to Goldman. I’d also like to know if they and the other banks are accumulating at these uber low fiat prices. We won’t know that until we wake up one morning and gold no longer trades on the Crimex. It could happen.
“Most Central Bank Gold Buying Is Unreported”: In Stunning New Report, Goldman Sees “Significantly Higher” Gold Prices
“We show that central banks drive the increase in gold demand since mid-2022, and that new geopolitical or financial shocks may push gold prices significantly higher.” – Goldman