-
@ Logen
2025-02-08 11:43:04
The only other thought here, is that governments could instead sell their gold reserves onto the market to try and stabilize the price. This would cause downward pressure initially.
However, allowing these Clearing Banks to buy directly from Central Banks send a negative signal to the market as gold has originally been seen as a hedge against inflation. This would only stabilize the price momentarily, but in the long-term would send signals that governments monetary systems are not secure and investors would flood to other assets like Bitcoin which has a truly fixed supply.