This is what is going on inside the Big 3 vaults
No comment necessary
Discussion
I'm completely ignorant towards gold. What does this mean?
Agree. Some commentary would be beneficial for the less erudite among us.
Seems like people holding paper gold are calling it in for physical delivery, or?
End of 2019, the leading indicator (to start accumulating gold) was pre-knowledge about the COVID plamdemic? 3 vaults (and possibly many others) start accumulating at the same time with insane speed.
Something is happening... AGAIN....
Additional context for gold illiterates like me:
Basel III is changing the nature of gold reserves. Making rehypothecated gold worthless, so its (maybe) unwinding the paper gold market.
Coming mostly from England, the comparisons to 1919 are many.