Subnostr

Gold is flooding out of London and into U.S. vaults at an unprecedented rate.

Historically, #Bitcoin follows gold’s lead. The window to front-run the move is closing.

For what it’s worth, there is a glut of physical gold in Australasia (Aus/NZ) at the moment.

My dealer (largest in NZ) just told me he won’t be able to buy for next few weeks until refiners and dealers can find a home for the over supply.

So I’m guessing this is a NY/London redistribution phenomenon.

We’ve seen it before.

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