The last few days have provided some very interesting news stories that may be very insightful as to what will happen to gold and silver in the coming days.
The biggest news comes from Poland that this week reported that the nation has repatriated all of its gold holdings from London!
https://www.zerohedge.com/economics/how-47-billion-gold-was-secretly-moves-london-poland
From America:
According to an article on Zerohedge, thirty percent of Americans believe that the US Dollar is backed by GOLD!
What????????
Ok - ummm - public school education at its best!
https://www.zerohedge.com/geopolitical/30-americans-think-dollar-backed-gold-other-absurdities-week
Finally two very interesting articles coming out of China.
The first is about a major bond default from a state sponsored enterprise and commodities trading firm!
Oops, play with the BIG DOGS who rig the commodities markets and you lose!
And for crypto lovers, zerohedge reports that a major Chinese crypto exchange has locked its cold storage wallet and the CEO has disappeared.
Wow! Just a lesson for the unwary, if you do not hold it then you do not own it!
I wonder if a few people have watched what is going on in Hong Kong and decided to pull their cryptos from the exchange.
https://www.zerohedge.com/crypto/chinese-crypto-exchange-idax-locks-cold-wallet-ceo-goes-missing
We certainly live in interesting times.
Peace out and stack on!