If an ordinary man holds back buying, it sounds silly and foolish of a Banker to buy up when the Price is high.
This is a part of the strategy to drive the gold Price up.
Do you know how the Gold prices are fixed?
"The current five participants in the fixing, who must be members of the London Bullion Market Association, are:
Scotia-Mocatta — successor to Mocatta & Goldsmid and part of Bank of Nova Scotia
Barclays Capital — Replaced N M Rothschild & Sons when they abdicated
Deutsche Bank — Owner of Sharps Pixley, itself the merger of Sharps Wilkinswith Pixley & Abell
HSBC — Owner of Samuel Montagu & Co.
Société Générale — Replaced Johnson Matthey and CSFB as fifth seat
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