4 results for "7c6720e1d554a2e42cde7b74d5069ed9"
>>519437315
Central banks selling off their currency reserves (mainly USD and EUR) to buy Gold.
Mainly driven by China, Russia, other BRICS, main players trying to counter it are US, UK, maybe Europe.
Why?
Volatility in Gold price as we have right now make the system seem insecure. All the rating agencies work in favour of the USD or directly profit when it is high-value around the world, basically the entire Bretton-Woods international trade system is built upon it.
>>61135685
>Could you give me a qrd on how this works and why it shot the "ratio" up so high?
Gold and silver have both been suppressed for decades. Central bank buying is driving the price of gold up. Silver is getting pulled up. There is so little available above ground silver, that once significant investment demand appears, the price of silver relative to gold will increase, lowering the ratio.

The ratio has been kept low by using paper silver games to create excess volatility, effectively making silver uninvestable by institutional investors.