Jason Burack: Despite More Gold Paper Price Smashes, Central Banks Are Buying More Large Orders of Gold

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Wall St. For Main St., Released on 6/23/21

According to new IMF data out, The Bank of Thailand, Thailand’s central bank, followed up April’s record purchase of 43.5 tons with an even larger 46.7 ton purchase of gold in May.

Were paper gold prices smashed to help fill this order and other large orders?

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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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