Scuttlebutt 🇨🇦 (@scuttlebutt)

ghorwood↙↙↙ @ghorwood@mastodon.social

i would make the observation that “nation panic buying gold” is not a strong economic indicator.
finance.yahoo.com/news/posthaste-gold-bars-worth-billions-125347096.html

Scuttlebutt 🇨🇦 @scuttlebutt@farticle.cloud

@ghorwood This part is most amusing :

" But because the Comex commodity exchange in New York, where the gold will be housed, requires a different size of bar, the gold must first be sent to Swiss refiners to recast it before flying on to the U.S. "