RE:Interview with Head of Gold Association....DanWarren wrote:
......they are creating a DIGITAL GOLD Asset...... https://youtu.be/L-742AE6KGY.......... In this interview they talk about who's buying all the gold re Central Banks, most of the buyers are secret.....He says the US has lots of gold, but he gives no numbers...Canada, to his embarrassment, has no hold (I imagine Trudeu and the Leftists are quite happy with this).......It's a very good interview re the digital gold currency they ARE creating, to create a truly non- depreciating currency as an alternative to FIAT currencies, which devalue down to near nothing over many years. You have to think that this is one key factor that WILL Propel gold higher in the coming years.....BTW, one interview I posted some time ago was with a man who is considered the top authority on the copper market. He's known as 'Dr. Copper", and he's based in Dubai, though he's a European.......he has it from his reliable sources that China, which hides its gold holdings, that China now has 52,000 TONS of gold!...... the figures for the US I've heard is 8000 tons, to put this in perspective........ My sense is that having gold become easily fungible, thru the means of reliable, trusted digitalization would be a very significant factor in increasing the price of gold.
Thats actually the stupidest idea ever. Stackers want physical,because its end of the world money. You get the opposite of physical with this. You get a worthless bitcoin and the goldlies in a vault somewhere.
8s