kitco.com/news/2023-11-02/Central-banks-bought-77-tonnes-of-gold-in-Sappeneptember-337-tonnes-in-Q3-WGC-s-Gopaul.html
prnewswire.com/news-releases/new-survey-reveals-10-8-of-the-american-population-owns-gold-while-11-6-owns-silver-301122041.html
oxfordegoldgroup.com/articles/who-owns-the-most-gold-privately/
Who Owns the Most Gold Privately?
John Paulson
Ray Dalio
Indian Families
Stanley Druckenmiller
Eric Sprott
The Royal Family of Saudi Arabia
The World Gold Council reports an estimated 208,874 metric tons of gold mined worldwide. Even knowing that, it’s impossible to estimate how much gold in the world remains. While there is plenty, much of this physical gold is too deep to mine. Experts estimate that at a rate of 3,000 metric tons per year, the world’s gold will last less than 18 years.
Having a currency based trading system works till people get greedy. Wanna get rid of and prevent the issues we all have today. Get rid of currency based trade. As far as I can tell. Now that its this broken, I dont see a way to undo the damage without doing it.
The way Matt Bracken says it, "Banking only works in a high-trust society.