OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Saudi’s buying as well…and we all know they haven’t got a pot to piss in….Not !!!!!

Posted by Maddog @ 5:19 on September 13, 2024  

Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland

https://www.moneymetals.com/news/2024/09/12/saudi-central-bank-caught-secretly-buying-160-tonnes-of-gold-in-Switzerland-003458

Note how one of the major reasons given, is ever since Russian assets were seized, CB’s want out of the Dollar and into Gold….held in their vaults…….not sure how many dollars are hld offshore by CB’s…but I think it is a fair guess that we need another 1 or two noughts on the price to hoover a fraction of those dollars up.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.