Another reason to keep the price of precious metal low by central bankers is to balance their own gold and silver inventory with China as the Yuan is getting to be part of the SDR: the future currency between central bankers that will allow them to continue to feed our hungry governments for ca$h...!!

https://www.imf.org/external/np/fin/data/rms_five.aspx

Once done, there will be a shake down on market to cover all the shorts then, the price will be markup much much higher... probably in the coming year if there is no significant geopolitics event they will not be able to control.

My thinking is that actually on the spot market of gold we are seeing probably the last down leg taking place. I expect the price going as low as 1160- 1180$. At around 1200$, it will be time a very good entry point for investors.

Then enjoy the ride!!!!

N.B. SDR will eventually replace the US Dollar as currency reserve.