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While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"

 
Anonymous Coward
User ID: 60177665
United States
05/31/2020 10:20 AM
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While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
chaos as a result of a sudden collapse in global supply chains due to the hasty coronavirus lockdowns, one market that saw unprecedented turmoil was that of physical gold.

As we pointed out in late March, due to a sudden breakdown in physical gold supply as the world's top gold refiners, those located in the southern Swiss town of Ticino, namely Valcambi, Pamp and Argor-Heraeus, suddenly stopped producing gold, the result was a record divergence in the price of spot gold vs gold futures contracts...


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Icey

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05/31/2020 10:38 AM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
Follow the dots. Were do they lead? WW3? Comet impact? Damn sure not what we are being told.
I am SNOWIE. WELCOME TO THE NEW ICE AGE. TRY NOT TO STARVE.
Anonymous Coward
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05/31/2020 10:45 AM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
spock
Anonymous Coward
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05/31/2020 10:53 AM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
TRUMP DID IT

YOU CAN'T HAVE A NEW CURRENCY UNLESS IT IS GOLD BACKED
Anonymous Coward (OP)
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05/31/2020 11:40 AM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
Follow the dots. Were do they lead? WW3? Comet impact? Damn sure not what we are being told.
 Quoting: Icey


spock
 Quoting: Anonymous Coward 73848670


Let's hope they don't Makin illegal to own Gold like 1930...
Crater

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05/31/2020 11:49 AM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
Old news the gold price is rocketing
So
Anonymous Coward (OP)
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05/31/2020 11:56 AM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
Old news the gold price is rocketing
 Quoting: Crater


Beginning in 1971...nixon.

Looking at an diconnect of Paper to physical Gold.
Anonymous Coward
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05/31/2020 12:57 PM
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Re: While the nation was looking at the Corinavirus and Riots..."The Largest Ever Physical Transfer Of Gold"
Old news the gold price is rocketing
 Quoting: Crater


Beginning in 1971...nixon.

Looking at an diconnect of Paper to physical Gold.
 Quoting: Goneviral


YES

MARKET BREAK DOWN





GLP