Loading ...re “there are rumors that some big fund/funds have gotten long.”
That makes sense. Things got too far. Too many people on the same side of the PAPER GOLD boat. Imo PHYSICAL gold does not need inflation, does not need lower than low rates either.
I think PHYSICAL gold needs people that are fed up for decades. People that don’t trust gov’ts to do the right thing. Don’t trust the banks. Many even gave up voting in the US after ’75. People (and Arabs) that got burned years ago with stocks and real estate.
These groups are getting bigger as time moves on. And they always buy Physical gold especially when the paper gold price is low.