[Sentinel]

That is precisely why Gold price will not go up, it will be impossible to peg a currency with Gold if it's value keep going up

Didn't they teach these Central Banks such basics in school? What a bunch of fools at the centrals!

The reason why these Central Banks are hoarding Gold is to ensure they have a hedge against the volatility of its own currency against the peg of the US dollar

Not as a prelude to a Gold standard, which everyone with a bit of intelligence would figure out that this is all one big scammy hype

Gold is finished, it has shown to be so for the last 15 years, hovering around 1,400 to 2,000, a safe haven in times of crisis, but will never be taken seriously if it thinks it will replace USD as the standard for a peg

It is a dream of those Gold hoarders, and they will remain in that dream for eternity, for it is just a dream