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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (177951)	9/8/2021 7:59:36 PM
From: sense	Respond to of 217747

From an investors perspective ? The Central Banks holdings don't really matter at all, in and of themselves ? And, they're actually fairly minor participants in the markets... at least as far as "buying" and "stacking" more over time ? The "unusual" in larger than typical Central Bank buying noted this year... as expected to be 400 tons... is still only 12.5 percent of the total production claimed to be 3200 tons last year ? The bigger problem is... the banks role is NOT limited to buying the odd ounce here and there, or a couple hundred tons now and then... and tucking it away in the rainy day account ? Instead, their "buying" appears it is fully coordinated... in past history as today... as a part of sustaining a price suppression scheme... Notable about 2020... is that it appears that paired with the shock of the Covid impacts... the banks reserves were barely sufficient to enable them to sustain the suppression. And, that trade is NOT done yet... as the gold used for that purpose does not appear it CAN have been bought back in yet ? The coordination apparent under Basel III also tends to explode the narrative that there is some desperate competition going on between China and others in terms of gold acquisitions and... etc. China is not "along for the ride" in the global economy... but is "part of the team" including being a full member in fostering what ever devious plans are being hatched as the bankers conspire together to take over the world... and deliver one world global government... guaranteed to work as well all the time as we saw banks and governments watering our eyes with excellence in everything they did in 2020 ? In that context, China's role is just being "another one of the banks" so conspiring along with the others... I'd say... if my analysis is only half right... the Basel III plan isn't really going all that well right now... as it appears banks might well be FARTHER away from the Basel III goal of having the vaults all filled back up... and ready to not only survive but thrive from re-monetizing gold in a global fiat devaluation event... But, I don't think you can take any of the numbers at face value.... 2020 production was probably down 15%... at 2800 tons... making the 400 tons in Central Bank "purchases" nicely coincide with the difference from the reported 3200 tons ? Maybe they faked the entire lot of that "buying"... as part of keeping the lid on the price... and what it would do if the market knew there was LESS gold than they're saying ? Anyway... What I trust is what I see happening IN FACT in the market... not what they say about what I should think about it ?