RE:Da Boyz were at it again on FridayLooks like BIS is giving up and changed to panic modus. 1.4 million ounces of gold is a lot. Bear in mind: our Brucejack mine contains totally roughly 4 million ounces of gold for all the rest of mine life. Imagine these Blitz 1.4 million ounces from the BIS in physically one oz coins.
Yet there are more than enough people on planet earth who thankfully absorb these 1.4 million ounces. Next "BIS panic Blitz sell" please !
The big reset seems to be not too far away...