Yeah, and the majors are in a real jackbox - they NEED reserves, but the price to obtain them is VERY high. Whatever will they do? Seems to me if I was in their shoes I just might start bidding NOW, as opposed to later when the price of gold further escalates. With all the QE, profligate government spending, and Yellen trying to cover inflation for Biden, they are in for a BIG surprise coming up
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