Everyone's gold is missing!!! https://video.nostr.build/188c5761bef916eb6437a0fad13d179811f4b175902a54d7056b8a2703daaf5f.mp4
Discussion
I reckon Xi and The Putin have it all!!
👀
Paper derivatives market is being destroyed as we speak.
Paper:gold is ~128:1
I bet the Bank of England wont make it to EOY.
Ask chatgbt (or whatever ai you like) what the value of gold would be if COMEX stopped trading altogether.
Interesting times.
Physical gold deliveries have been T+2 as long as I’ve been alive. All of a sudden, there’s rumor of an actual audit…. suddenly T+62?
Weird huh?
It’s actually been closer to T+90 if complaints from COMEX customers are to be believed.
95% of gold is paper, its not hidden. I can't believe this is a surprise for some??? I can't wait to see our BoE get fucked. It could bring the whole house of cards down. Gold price should be at least $20k but maybe $0. Isold mine for btc 4 years ago.
if 'spot' equals T+60/90, wonder what the actual spot price is
let the bullshit unravel, let's get it over with
Same goes for Germany. A couple of years ago the auditors were denied access to audit the German gold in the US. As a result Germany demanded a portion of their gold to be returned to Germany. Months later Germany received a fraction of what was demanded but those bars came from France and didn't bear the Bundesbank stamps.
We all saw it in La Casa de Papel.
They don’t need the gold to be there, they need all the people to think that the gold is there.
LOL