Loading ...Great catch …..This is to help drive Gold higher….from what GROK tells me there @ 80 % of 401 K’s that cannot buy the likes of GLD today, which means that of the $ 46 Trillion in 401 K’s $ 37 Trillion can now buy it….
There are 74 million 401’k s////which makes @ 59 million people who can now buy…..and if they only buy 1 oz each…..the mkt needs to find 1843 Tonnes….yup tonnes….which funnily enough means that they have to produce 50 % more next year…..annual production is @ 3600 tonnes…..