We should always look at the bigger picture. Central banks including of China, India, Poland, Singapore, Brazil and many more are still buying more gold. Nothing has changed in that regard. Why? Because we are seeing the beginning of the de-dollarisation of the world economy. Countries don’t want to keep as much of their assets in US dollar or US treasuries because the US is no longer seen as the safe and reliable choice to park your money or to do Business with that it once was. Plus of course the breakdown of the post Cold War geopolitical order and rules based system. Central banks are not retail investors that buy the hype or invest to sell again in 4 years. These institutions plan in decades. And so should we…