Depleted it's financial reserves you say... hmm. DO WE HAVE IT ALL perhaps? ??
(media.greatawakening.win)
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a steady supply of gold entering the market would explain why gold prices have been surprisingly flat
This is in the running for most prescient comment on the site today.
(Silver has been getting smacked too.)
Not really.
Spot prices are not established by physical delivery per se, but settling paper contracts in majority of cases. Paper contracts outweigh physical by a magnitude that cannot be overcome by a steady stream.
However, trying to get physical means, you need to pay somebody to get it for you. The Premium over spot is still within bounds. If that surges into the stratosphere it will influence the physical price of gold.