Gold just hit $3333.
— zerohedge (@zerohedge) April 16, 2025
This is very bad news for any central banks that have rehypothecated gold.
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Have you notice for several days now the ratio Silver to Gold is around 100 to 1. Wonder if ‘shorts’ are takers today? Gold will be $3700 by years end and Silver $37-$40. I Will Be Doing The Happy Dance on a third of my stacking.
last week silver buy was at $35.
Gold is still climbing.
At $4K, the crash starts “What do you mean you don’t have my “paper” gold?”
Speaking of paper gold, there’s a couple websites extolling the virtues of NatGold. An investor can buy certificates that give them an ownership percentage of the gold that a mine has yet to dig up. They use the Pebble Creek Mine in Alaska as a perfect example. Discovered in 1987, has many billions of dollars worth of gold, but due to environmental factors it’s all still underground. But, you can buy a certificate that says you own some. What a scam!