Record Gold Bullion Buying by Central Banks Through Q3 2023

Win 500 Silver Eagle Coins! Enter here: SUBSCRIBE to Our Channel: Through the first 3 quarters of this year, 2023, central banks are collectively again on trend to buy more gold bullion by tonnage than they ever have in prior years. Silver and gold markets were mixed through this week’s trading. The spot silver price finished over $23.20 oz bid price while the spot gold price closed just under $2,000 oz bid. The spot gold-silver ratio sank to close at 85 on silver’s relative strength over gold this week. Hopefully, you understand the basic math that is likely to propel bullion into another eventual mania phase ahead and are prudently allocated accordingly. That will be all for this week’s SD Bullion Market Update. As always, to you out there. Take great care of yourselves and those you love. Demand for gold set to keep glittering in China China’s Gen-Z buying most of the nation’s consumer gold Thai Central Bank a few reasons they give for recently buying more official gold Royalty-Free Music provided by –––––––––––––––––––––––––––––– Lapse – jiglr / jiglrmusic Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: Music promoted by Audio Library –––––––––––––––––––––––––––––– Swiss View by TVARI Creative Commons — Attribution-ShareAlike 3.0 Unported CC BY-SA 3.0 Free Download / Stream: Music promoted by Audio Library ––––––––––––––––––––––––––––––

Track: The Great Wall And Taj Mahal — WOMA [Audio Library Release] Music provided by Audio Library Plus Watch: Free Download / Stream: ––––––––––––––––––––––––––––––
Track: Me and You — Next Route [Audio Library Release] Music provided by Audio Library Plus Watch: Free Download / Stream: ––––––––––––––––––––––––––––––
Jungle Drive by tubebackr & Ferco / tubebackr / fercomusic Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: Music promoted by Audio Library ––––––––––––––––––––––––––––––

23 thoughts on “Record Gold Bullion Buying by Central Banks Through Q3 2023”

  1. Australia has 80 tonne, stored in the Bank of England (so who knows if we’ll ever see that again) and is buying NONE. Stupid. Considering we are a major miner we could just ask for taxes owing from miners to be paid in gold … but no. Sigh 🤓🇦🇺

  2. James I think y’all should invite Taylor Swift over to SD bullion and educate her on what real money is gold and silver , maybe SD bullion could come out with some Taylor Swift silver rounds that would definitely get the silver market popping😊😅❤🎉

  3. I’m sorry, but I highly scrutinize an doubt the data I keep hearing about young people owning all the gold. I’m saying this as a classified young person myself.

    You got the brokest generation in history,
    Can’t afford a house.

    All we hear, is how the Chinese youth is graduating college, but there’s no job for them to get. Making them have to go home to their parents. But they’re buying up all the gold??

    They are somehow beating their parents. Who have been around for decades, at least saved up money, and somehow have more gold than their parents?? While simultaneously supposedly having an unemployment rate of light what 35%? Some say almost 50??. GEN Z at that?? Which had barely gotten out of the Gate?? They what? Graduated high school like 4 years ago???

    Same in the US.
    Supposedly 90% of the whole American population can’t afford a house. Young folks are up to their neck with debt. Living with their parents. Yet they are the ones buying all the gold here?

    If you offer any gold coin to the average young person. 99% of them are all going to deny it. How on earth are they the ones with all the gold? Most were never even taught about stuff like, currency , Nixon taking us off the gold standard, the history of gold and silver.

    We all know the average young person wouldn’t know anything about this if you asked them. So how on earth does this even add up?

    When you see gold stackers online. What do you see?? People who are mostly 50+ years old, seasoned, and with large amounts of retirement money.

    But The brokest generation in the world, in the trashiest economy. simultaneously having the most amount of wealth is an oxymoron.

    Oh and don’t forget how many people are reported living “paycheck to paycheck”. Yet also buying large amounts of gold.

  4. And how can they afford all this gold? Its because they have been paid for creating fiat currency for corrupt governments at an incredible mark up plus interest who then tax their populations to pay for it!!!! Its massive stealing and also prevents normal people from buying gold.

  5. Silver 🥈 miners have been absolutely decimated effing pathetic. Best thing that could happen at this point is that they all go bankrupt…maybe then my physical “stack” can go up in fiat terms but the again we live in 🤡 🌎 so price would probably plummet….silver 🥈 is a effing pathetic joke. How many years you guys gonna pump this 💩?

Leave a Comment