So with all that, it will be interesting to see how this is happening. Being mutual rates is an expression that you probably have to get used to, where the United States simply simply corresponds to the rates of other countries around the world and equalizing everything. If that is the case, it will be chaotic for many different economies, and that will of course have non-Americans who buy a lot of gold.
So that’s what you see here. Moreover, you see the repatriation of a lot of gold from London, Zurich, Tokyo to New York. I am not sure what that is about, but there have been countless stories about mass gold flights that come back to New York. So being said, there is something wrong, but they all beat one thing, and that is gold that goes higher.
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