ALERT: London #Gold market defaults on physical deliveries. 🚨
One of the world’s largest refineries informed its customers that the London warehouses were empty and that the London #Gold market was dry of liquidity.
So it’s all papers 📄?
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🌎🧑🚀🔫👨🚀
They've been "rehypoticating" (read stealing) gold aince the 70's, I believe. I'd be surprised if the paper receipts are even backed 1% after 50 years.
Fook
