An Inside Look at the World’s Biggest Paper Gold Market

Courtesy of: Visual Capitalist


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7 Comments
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May 30, 2016 4:48 pm

I read a report a while back stating the gold in those vaults has been moved to an undisclosed location ( Meaning Israel )I can’t remember which blog it was on or even if it’s true.

My personal opinion ( for what it’s worth ) is most of that gold including the gold supposedly at Fort Knox have been moved to an undisclosed location

Maybe that’s the reason for all the secrecy surrounding these gold markets.

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May 30, 2016 4:54 pm

Indentured servant , thank you for bringing my attention to the Fractional Reserve scam. To the evils of fiat money and to this wicked debt based monetary system.

All wars are banker wars . I wonder what you meant by that. Sometimes the truth really sucks. Now bug off .Meathead.

RT Rider
RT Rider
May 30, 2016 5:27 pm

Although it will never be admitted, paper gold (the derivative) is traded as a currency. Usually paired on the shorted-side to another hard currency, as the long. Just another of the bankster parlor tricks to show how rock solid fiat is(not). But even these fucktards aren’t stupid enough to risk giving away the real stuff.

IndenturedServant
IndenturedServant
May 30, 2016 5:37 pm

My first goal was to obtain my body weight in silver………..done!

My second goal is to do the same with gold…………not even close yet but working on it.

If you can’t roll around naked on it, you don’t own it.

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May 30, 2016 6:48 pm

Spoiler alert …… I forgot to tell all you knuckleheads about my experience last week in a bank of America. Standing behind a guy in Bank of America as he was trying to get out 12000 cash.They told him it would take a while .He turned and looked at me and said I have been here over half an hour and still cannot get my money. He was very upset but left peacefully. I ask one of the gals working there what had happened. She leaned over andsaid we didn’t have that much cash on hand.This was a Bank of America in Los Vegas.I have enough money in the bank to cover monthly bills and that’s it. So be warned and be prudent.

Anonymous
Anonymous
May 30, 2016 7:54 pm

Privately held gold can be outlawed and confiscated with penalties for possessing it equal to such things as narcotics as easily as the stroke of a pen.

It’s been done before, it can be done just as easily again.

ottomatik
ottomatik
May 30, 2016 10:32 pm

Thanks for posting, it was nice to see the numbers, funny so much brewhaha over a barbarous relic.