GOLD RUSH TO NYC: Is something BIG About to Happen?
Something big is brewing in the gold market. The Bank of England is facing months-long delays on gold withdrawals, an unprecedented 'gold bank run', while COMEX gold inventories have soared 75% since November. At the same time, Wall Street is hoarding physical gold at record levels, but why?
"Gold does not lie," Taylor reminds us. "If central banks are hoarding physical gold and moving it to their own vaults, why would you settle for a paper IOU?"
Is Wall Street preparing for a reset?
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