Repatriated I heard, Investors are wising up to the fact their paper gold might not be backed by real Gold, so they've started withdrawing, so American banks that held their gold in London need it to cover withdrawals, hence the demand for physical gold is increasing along with the price.
It wasn't everything but he sold a lot at the lowest price. Many have speculated as the reason, but I'm pretty sure he was bailing out the Bundeskbank.
When I used to audit for a convenience store chain back in the day, I heard that stores that had audits scheduled, would reach out to nearby stores and ask to "borrow" certain high value items a day or so before. Once I saw them transporting stuff through the back door on the day of an audit and they claimed they were moving it inside from outside storage, and I couldn't prove otherwise.
I have no doubt this is what is going on with the gold though.
Because it's supposed to be at a specific place where a tower used to be, and if it's not when the auditors arrive, well. Best not to be holding the bag...
Some real interesting speculation. He's missing the dual Bitcoin in parrallel with USD with Treasury back stablecoin monetary system Trump seems to be hinting at with his talk at Bitcoin 2024, and the World Liberty Financial venture.
Gold audits are coming. They're in panic mode.
Are we BUYING it, or is it being repatriated?
Repatriated I heard, Investors are wising up to the fact their paper gold might not be backed by real Gold, so they've started withdrawing, so American banks that held their gold in London need it to cover withdrawals, hence the demand for physical gold is increasing along with the price.
My Spidey-Sense tells me it's likely related to Rand Paul and Elon asking the question, Is our gold still in Fort Knox?
Quick, Scoob! Help me restock the pantry before anyone notices!
I absolutely read that last line in Shaggy’s voice.
Love me some Shaggy and Scooby, too!
Gordon Brown already sold what we 'supposedly' had 🤔
It wasn't everything but he sold a lot at the lowest price. Many have speculated as the reason, but I'm pretty sure he was bailing out the Bundeskbank.
Gold will end the Fed.
When I used to audit for a convenience store chain back in the day, I heard that stores that had audits scheduled, would reach out to nearby stores and ask to "borrow" certain high value items a day or so before. Once I saw them transporting stuff through the back door on the day of an audit and they claimed they were moving it inside from outside storage, and I couldn't prove otherwise.
I have no doubt this is what is going on with the gold though.
To cover the audit?
Because it was stolen from the US and they got caught. So did the Vatican.
Because it's supposed to be at a specific place where a tower used to be, and if it's not when the auditors arrive, well. Best not to be holding the bag...
And how much of that gold is real gold?
Lots of possibilities. Adding one more. Arab gold attached to terrorism.
Here's Glen Beck's take on it: https://www.youtube.com/watch?v=Su2dWSPK71U
Some real interesting speculation. He's missing the dual Bitcoin in parrallel with USD with Treasury back stablecoin monetary system Trump seems to be hinting at with his talk at Bitcoin 2024, and the World Liberty Financial venture.