Fairly sure prices rise due to lack of supply vs demand?
Prices rose in 2016 because people were worried causing an increase in physical demand. Brexit & US election. Where is the next driver for physical demand coming from?
CB’s and Industrial consumers are not in the business of driving up the price of Gold unless demand outstrips supply.
Who knows, but EVERYTHING kicked off in early 2016. Because of the $ suppression agreement struck at the Shanghai Accord … probably egging on commodity hoarding as yuan hedges.
The real question is why did PMs top in July/Aug, while everything else has kept running?
About a month or two ago I asked who was investing in any cryptocurrencies,and very few (one or two) responded that they were. It would be a good poll though.
A lump of coal for you Jordan
🙂
Call me old school.
Fairly sure prices rise due to lack of supply vs demand?
Prices rose in 2016 because people were worried causing an increase in physical demand. Brexit & US election. Where is the next driver for physical demand coming from?
CB’s and Industrial consumers are not in the business of driving up the price of Gold unless demand outstrips supply.
“Prices rose in 2016 because …”
Who knows, but EVERYTHING kicked off in early 2016. Because of the $ suppression agreement struck at the Shanghai Accord … probably egging on commodity hoarding as yuan hedges.
The real question is why did PMs top in July/Aug, while everything else has kept running?
The FED only buys FAANG stocks lol.
We need a poll asking Tenters when was the last time they bought physical gold?
I would guess there may be more Tenters buying Bitcoin or Cryptos in 2017 than physical Gold.
I haven’t bought physical since 2016……?
About a month or two ago I asked who was investing in any cryptocurrencies,and very few (one or two) responded that they were. It would be a good poll though.