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re: This could be something....Look beyond equities, Silver to be the next short squeeze

Posted on 1/30/21 at 10:44 pm to
Posted by BobRoss
Member since Jun 2014
1694 posts
Posted on 1/30/21 at 10:44 pm to
In the link I just posted there was an interesting fact I wasn't aware of. One of the guys mentioned central banks have been taking physical possessions of their gold for the last several years (removing them from NY and London).
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 1/30/21 at 10:49 pm to
quote:

In the link I just posted there was an interesting fact I wasn't aware of. One of the guys mentioned central banks have been taking physical possessions of their gold for the last several years (removing them from NY and London).


Honest question, why was it in NY and London to begin with? I’m assuming some historical reason, but why would a sovereign nation give its silver and gold holdings to another country to hold when we have global fiat currency?
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