Gold hoarding ???
Just read an article by this chap below.
oilprice.com/Metals/Gold/Unprecedented-Gold-Hoarding-By-Central-Banks-Heralds-Financial-Sea-Change.html
In my opinion | All banks that are involve in gold will drop / loosing like 10% of value from this price. 1900.000
The central banks just wanted something easy and justifiable for holdings. So after few meetings they had agreed to hold gold. :-)
What the didn't know is that Gold loose their glitter like anything else.
There is only one thing that doesn't loose shine nor value.
If only Banks knew... I would print money for these.
All the best guys
nb/ my opinion shd not be an investment decision of yours, you shd consult d guru ;)
oilprice.com/Metals/Gold/Unprecedented-Gold-Hoarding-By-Central-Banks-Heralds-Financial-Sea-Change.html
In my opinion | All banks that are involve in gold will drop / loosing like 10% of value from this price. 1900.000
The central banks just wanted something easy and justifiable for holdings. So after few meetings they had agreed to hold gold. :-)
What the didn't know is that Gold loose their glitter like anything else.
There is only one thing that doesn't loose shine nor value.
If only Banks knew... I would print money for these.
All the best guys
nb/ my opinion shd not be an investment decision of yours, you shd consult d guru ;)
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