below video has good  data, analysis.
https://www.youtube.com/watch?v=Ms2VjkSGNHk

in summary, this analyst points out 3 things:

.SOFR (liquidity) collapse
.Fed has commenced stealth QE
.debt trajectory

so... inflation or deflation, M2 money supply will incr, gold wins either way!

his last tip... young people should have gold:silver 60:40; old folks 90:10.

ok, i now know how old i m.  

i am very olde.  98:2 

 

very frustrating my usual seller has ZERO gold & silver to sell now. others have some but at higher prices.
https://www.silverbullion.com.my/Shop/Buy/Gold_Bars

this is not normal.

When physical is in short supply, the spread/premiums against spot goes up higher. Nice!

Physical gold is now macam pisang goreng.

SB got no stock, last night got 2bars 1 oz (pamp minted at RM17.6k each).  This morning both gone.

Can also read through BullionStar (sg dealer).  Sales is through the roof this last two months.  SGD250mil revenue each month.. gila.  Que formed outside few hours wait.

Gold trivia     

In 1999 and 2002, then-Chancellor of the Exchequer Gordon Brown ordered the Bank of England to sell about half of the UK's gold reserves, raising £3.5 billion at an average price of $275 per ounce. The decision was made to diversify the UK's reserves, and it has since been widely criticized as a major financial blunder because the price of gold has since risen dramatically, costing the UK billions in lost potential value.

The decision: In 1999, Gordon Brown announced the sale of over half of the UK's gold reserves, a move that surprised the market.

The sale: The Bank of England, acting on behalf of the Treasury, sold 395 tonnes of gold between 1999 and 2002.

The price: The gold was sold at an average price of $275 per ounce, which was at a historical low at the time.

The cost: At today's prices, the gold reserves sold would be worth significantly more, and the decision is considered one of the worst investment decisions in British economic history.

The motivation: The sale was intended to diversify the UK's reserves away from gold and into foreign currencies like the U.S. Dollar and the Euro, which were expected to generate better returns.

The consequence: While the sale raised £3.5 billion, the UK has missed out on trillions of pounds in value due to the subsequent surge in the price of gold.

Physical gold is now macam pisang goreng.

SB got no stock, last night got 2bars 1 oz (pamp minted at RM17.6k each).  This morning both gone.

Can also read through BullionStar (sg dealer).  Sales is through the roof this last two months.  SGD250mil revenue each month.. gila.  Que formed outside few hours wait.

Gold price has inceased by 15x from 275 to 4100+, how could UK has missed out trillions of pounds cos 3.5x15=52. 5.

What bout the 500g and 1Kg gold bars ? all sold out too ?

What bout the 500g and 1Kg gold bars ? all sold out too ?

heads up for you.

Silver Bullion has some new silver bars stock.
https://www.silverbullion.com.my/Shop/Buy/S...rentBranch=MYKL

This website trustworthy or not? I want to buy gold bar for my son's birthday but now some shop started to even charge for "workmanship" even for Suisse Pamp

This website trustworthy or not? I want to buy gold bar for my son's birthday but now some shop started to even charge for "workmanship" even for Suisse Pamp

several of us here buy from them, OK!

i hear Silver Bullion is moving from Kelana jaya to Phileo Damansara soon.
the jewelry shops... very normal they price with "workmanship" even if is just imported.

generally, their price for 999.9 gold is spot+ 8-12% vs bullion traders spot+ 3-3.5%.