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Mexican Central Bank Buys 100T Au

ranshdowranshdow Posts: 1,441 ✭✭✭✭
in Precious Metals
buy buy buy

Comments

  • cohodkcohodk Posts: 19,102 ✭✭✭✭✭
    100 metric tonnes is 3,215,075 ozt. At $1400/ozt is about $4.5 billion. The price rose about $60 during this buying. How much money is it going to take to get gold really moving?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • CaptHenwayCaptHenway Posts: 32,118 ✭✭✭✭✭
    ttt
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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