516 () 🔍 Notable posted 2 years ago by CAFEDEADBEEF (context) 2 years ago by CAFEDEADBEEF +516 / -0 230 comments share 230 comments share save hide report block hide replies
This is the problem with not holding physical metals. There’s no assurance that they’d be holding the gold to back all of these assets. In time it would begin to resemble the paper silver market here.