3 Very Bullish News Stories For Gold In Just The Last Few Days

Source: https://marketsanity.com/jason-burack-3-very-bullish-news-stories-for-gold-in-just-the-last-few-days/
Published: Jun 1, 2021
Author: Horse
Post Date: 2021-06-01 15:11:53 by Horse
Views: 60

Wall St. For Main St.

1) Central banks turning to gold again, Bank of Thailand buys 43.5 tonnes in April https://www.kitco.com/news/2021-05-26/Central-banks-turning-to-gold-again-Bank-of-Thailand-buys-43-5-tonnes-in-April.html

2) Swiss customs data show exports of 40.2 tonnes of gold worth around $2.5 billion at current prices to China in April — more metal than was sent in the last 14 months combined! https://www.reuters.com/article/swiss-trade-gold-idUSL2N2NE0QB

3) Gold at BOE Commands High Premium, Signaling Central Bank Buying https://finance.yahoo.com/news/gold-boe-commands-high-premium-194455336.html


Poster Comment:

4) Russian Sovereign Wealth Fund has $185 billion in assets and will be buying gold.

Silver will go up too but faster than gold.

Post Comment   Private Reply