We know that all the official communication media have some kind of interest or someone manages them from behind, and the same people who manage the media are the ones who are also the owners of the banks, etc.; When news appears in the official media, it is because it is already too late to do the same thing that they are telling you that they have done.
That is to say, that the big institutions, the banks, the big capitals, the big billionaires, make their movements in silence, that is, before the press publishes it, they already buy, they already sell, yes in this case, I would say that they must have already bought all the gold they wanted, at a lower price and then it is time to sell, because we know that markets fluctuate.
The way to make money is to buy cheap and sell when the price rises, it is very simple and not the other way around, which is what most people do who do not have financial education or perhaps do not have time to dedicate to it, so they will only react to the news from the official media and that is a serious mistake or vice versa we can say that if we understand how this system works we can use it for our good as well.
The common reactions to news from the official media and that is a mistake; To understand this we are going to see the graph of the historical gold price, because there we see the facts, that is, I am not inventing anything here, we are going to see the facts so that we can learn from what happened in the past and there we can begin to understand what is the truth of all this.
Let's start with the financial crisis of SAP Prime, that is, of the real estate market, which then plunges the entire stock market, begins between September and October 2008, and what do we see before February 2008, gold was at 998 dollars per ounce, and After the crisis begins, gold drops to 716.
We would expect that if a crisis comes, that everyone runs to buy gold to escape let's say from fiduciary money or financial markets etc. and go to gold, that is what we understand theoretically, but in reality Actually, what is it that we see that gold falls after the crisis, that is, everyone begins to sell shares, the market goes into a tailspin, it falls enormously and gold also falls.
And since 2009 it begins to rise, gold rises, rises, rises and in August 2011 it reached 1,873 dollars, which is an increase of 161% from that low point of 716 in 3 years, it rises by 161%, then what do we see starting to go down again, that is, there is a great correction, when all the great crises that came after covid begin, since March 2020 we see a peak of 2010 dollars, the highest price in the history of gold.
And now it's hit the price right now at $1884 and it's starting to come out in the media that all the central banks have bought a lot of gold and that would make a lay person, who doesn't have a lot of economics, say, you have to buy gold now-, you have to run to buy because the central banks have bought.
In addition to this, by not getting gold due to strong demand, people try to protect themselves with the dollar, and other currencies are despised; something big is brewing, and the elites of the world have already protected themselves with the only tangible good; if the system collapses due to a world event or war, those banks and/or corporations that protected themselves by buying gold will emerge from the collapse.
I wonder what the actual price for gold is?
What do central banks pay for their gold?
It is not the spot price we pay.
With this large of an increase in demand on a fairly limited market should have shot the price through the roof.
I have heard that large buyers of gold pay 2x-10x the going rate you might see at a coin store.
(this is just hearsay at the moment)
The problem is that they produce, market, buy and sell; his plays are always to win.
Retail is for ordinary people.