The gold market has been suppressed by paper markets for decades. Gold bugs have been screaming this from the rooftops just as long.
As geopolitical and financial uncertainty rises institutions and individuals alike are calling their gold in kind. It’s being made clear that the vaults don’t have all of the gold. Many people are about to find out the gold they thought they “owned” never existed in the first place.
This is going to cause gold to skyrocket.
Everyone sitting there with paper claims and no actual gold is going to be absolutely pissed. What do you think people are going to do once they realize the world got conned by the gold vaults?
They’re going to flood into bitcoin and, hopefully, take advantage of self custody. Get ready for a bull run like we’ve never seen. The confluence of sovereign debt issues, paper gold and the unveiling of mass theft by governments is going to force people to pile into the most incorruptible neutral reserve asset man has ever come into contact with; bitcoin.
