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Giuliano Giacaglia
@giu
Central banks are buying gold at a higher rate than anytime in the past 20 years!
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Ben - [C/x]
@benersing
Thoughts on the ‘so what?’?
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Giuliano Giacaglia
@giu
Gold production has increased over time and it is hard to see if it is going to have an effect on the gold prices, but will see. I think the most clear effects are on fiat currencies and government debt. That means that they are not as desirable as before. In my opinion, this is good news to Bitcoin
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Ben - [C/x]
@benersing
Could it be an attempt at indirectly increasing the money supply? Can't buy bonds, so buying gold…not sure. Just a thought.
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