Mulberry Capital Markets (@mulberryfinancial): "Turkey is selling gold amid rising energy import costs and to support the Lira’s steady devaluation. For more on gold’s moves and our long-term view of its direction, see: https://mulberryfinancial.substack.com/p/why-gold-is-falling-and-why-the-banks?r=4af6n2"

Turkey is selling gold amid rising energy import costs and to support the Lira’s steady devaluation.

For more on gold’s moves and our long-term view of its direction, see:

Why Gold is Falling; and Why the Banks are Scared of Stablecoins

Mar 30

6:49 PM