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https://www.zerohedge.com/commodities/world-bank-report-highlights-advantage-central-bank-gold-revaluation-accounts Could we see this take on a serious intention. As the Central Banks are losing "money" due to inflation and all the FIAT they spaffed into the economies, albeit to the wealthy, where they are now making huge losses, could they seriously revalue gold to pare losses? I think this has credible merit. They'll want to do it slowly and under the guise of some other issue (war), that gold has increased in value, but it'll definitely help those central banks out that hold gold. -
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Another foray above £23, slammed back down once the bombing stopped
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Another push to £1950... Well it was fun whilst it lasted. One day it'll get there and stay there
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I would say we will, I can see sovs becoming vastly more popular as well because of it
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Sounding like the strike was against a military area - where drone parts are made, not the Iranian nuclear development site. Early hours at the time of the strike so likely few if any casualties. More a statement by Israel i.e. we can hit your nuclear development if we so desire, a similar light damage as endured by Israel after Iran launched 350 missiles at it, not a 'did nothing' action, not a harsh return. i.e. potential de-escalation where Iran and Israel might both say fair enough, and take no further actions, or if Iran does do a large retaliation then escalation would follow, perhaps even to dragging others into a war and/or Israel deploying nuclear weapons into Iran. Initial Iranian reports are down playing the action, civilian flights have resumed in Iran, gold price spike is reverting back down again (£1921).
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