Subject: Re: USDollar
Gold has overtaken the U.S. Dollar as the largest Global Reserve Asset...
Both gold and silver have been on rampages for the past few months.
If past is prologue, they could crater tomorrow.
But one thing is different this time-
The last several booms and busts have been strictly driven by speculation. But as you infer, and it’s certainly true, this current bull market is driven by central bank buying of gold and silver, and even institutional buying as well.
As of yet, speculators, burned by previous booms and busts, have only minimally entered the market.