Central Bank Repatriation Will Squeeze the Gold Shorts.

in #market11 months ago

Today we will look at the news that Central Banks around the world are and plan to continue repatriating their gold from instituions like the Bank of England and the New York Fed.

In this report, I will go over why this move towards repatriation could basically end the LBMA/Comex price suppression scheme and what that would mean for the price of gold.

Central banks move gold back home after freeze on Russian assets (FT Article): https://archive.ph/WC8y6

2011 Venezuela Repatriation: https://www.bbc.co.uk/news/world-latin-america-15900885

Bank of England gold statistics: https://www.bankofengland.co.uk/statistics/gold

Gold Repatriation: https://en.wikipedia.org/wiki/Gold_repatriation

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