GOLD just hit a new record and this move is not about short term news or excitement.

Gold crossed $4400 because a group of large countries keeps buying again and again, without caring about the price. This is not trading. This is long term planning.

Here is what is really happening.

• More than half of global central bank gold buying now comes from the same group of countries

• Three major countries together hold over 5,500 tonnes of gold

• These countries also produce around half of the world’s gold

• The main reason is simple. They want less dependence on foreign debt and less risk from sanctions

• Gold buying is happening alongside plans to use new ways to settle trade outside the old system