Market Rundown | German, Italian Gold Repatriation Cries Grow Louder
Housekeeping: Good Morning.
“Comex is dying”
Topic:
* German, Italian Gold Repatriation Cries Grow Louder
* Tactical Gold Comments
Market Analysis:
Turns out this is now a growing risk to global bullion markets. Yesterday, the Financial Times reported that Germany and Italy are under mounting pressure to move their gold reserves—currently held in New York— back to Europe.
While we do not expect these cries from an increasing number of politicians to convince the Neo-Liberal establishment, we do expect behind the scenes governments are scheming how to fix this without roiling a bullion market…
The skinny
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