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RE: LeoThread 2025-08-17 05:22

in LeoFinance2 months ago

net sellers beginning with some period in the 1990s. I wonder to what degree we might see that type of institutional buy-in and what impact would that have on the price? That's kind of two-part question. I can't speak to the central banks except for I could understand central banks from countries that have a problem with American hegemony in terms of the way they operate their economies and societies. And, you know, there are some countries that have an absolute incentive away from U.S. dollar holdings and in favor of gold as a way to reduce American political control over them. I get that. I can't really speak to central bank purchases. What I can tell you as a Sprott employee is that interest in gold among the largest institutional investors in the world, endowments, pension plans, even sovereign wealth funds is really coming alive. We were engaged, we meaning Sprott, as an institution for five or six or seven years in propagandizing global 1000 investors, those are the biggest 1000 (33/45)