RE: It is ....20 Feb 2025 06:08
CT
Talking of buying, the global central bank purchasing of physical gold is off the charts.
The US is now a net importer, Why?
The repatriation of gold away from Comex, London bullion etc is absolutely unprecedented, and is causing significant logistical issues (London used to repatriate your gold to you in a day, now it's 6-8 weeks plus) why?
Clearly there is a very big move coming for the price of gold.
The majority of central bank gold revaluation accounts have gold still valued at c. $50 per ounce, why?
Realistically, the US debt position (fiscal deficit) is out of control and off the charts; far beyond any form or repayment or reduction, unless.... gold is repatriated and revalued. The repatriation is happening fiercely quickly. again, the US is now a net importer. Think about that...
So, in summary It is (IMHO) my own belief that gold is getting revalued higher, in order to embolden the US balance sheet (and those of other countries) in order to recapitalise and restructure the current 5h*t show financial position.
I cannot think of a better time in history to get all things gold ratified, signed, unconditional, owned, and motoring.
Depending on where this revaluation is pitched (there's a question right there..) this could be massively life changing for those positioned to take advantage when it happens. Bitcoin is priced at c. US$95,000 and has the intrinsic value of used chewing gum. Gold is at US$3,000
Go figure... and it points to a very big re-set coming down the pipe to me.
It's time to get stuff signed and sealed Harry.