to go up. Or stay up.
If everybody was selling their gold the price would fall.
And since we only have around $500 billion in reserves - the government will need all the gold it can get. So it WILL take yours (and mine - I have a lot). Make no mistake.
I have considered taking mine out of the country and putting it in a ssfety deposit box in Canada - but it could be confiscated even now at the border.
Better for me to sell it here - and rebuy it in Canada - to put in a safety deposit box. I just haven't done it yet.
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