The headlines read,
But who is selling all of this gold? I don't see any headlines that say, "The US Fed is selling off their gold holdings", i also do not hear that gold mining output has increased ten-fold.
So, where is all of this gold coming from?
The only thing for certain is that there is a lot more gold in vaults than the amount stated as "all the gold in the world"
There are rumors, and a few stories that gold is moving to Switzerland, being recast, and then being sent east.
But there really aren't any stories about where this gold is coming from, just wild speculations.
There are rumors that if you want to buy a large amount of gold, that the price you pay is WAY HIGHER than the Comex spot price. Of course, all you need to do is acquire a few million dollars and then try to buy some gold to find out. And there is probably clauses that say you can't tell anyone what you paid.
There are rumors that tons of gold still exists in the ground. Chocolate Mountain, Grand Canyon...
And there is quite a lot of evidence, but it is hard to believe that someone would just lock up all that gold in the ground. What would be their motivation? Most people, if they know where a pile of gold is, they go dig it up.
There are rumors of piles of gold still buried waiting for a treasure seeker to find.
Many Spanish Gallons sitting at the bottom of the ocean just waiting for someone to discover them again.
Why are there so many rumors, and so little known about this metal that is/has been considered money?
No one really talks about how much gold they have... unless they have an army to defend it... and have a desire to brag. (I'm looking at you China)
I believe the rots-children have enough gold that they could lower the gold price to $100 an ounce just by selling into the market (and barring central banks) They have so much that they could supply the jewellery industry for hundreds of years.
But what do we do with the information that there is a lot more gold in the world?
Do we give up on the idea that it is rare? One of the central tenants of it being a monetary metal.
Do we notice that there is going to be a war of the central banks?
Or are the central banks all in lock-step because they are owned by the same people?
(they could all be owned by evil people, who are mostly all going the same way... but at some point they will turn on each other)
How should we position ourselves financially if we believe there is a central bank war coming?
In some parts of the world, gold would become THE money again, in other parts it will be banned / confiscated.
In The US, it will most likely not be banned... but if you are caught holding a lot of it, you are considered a terror-type-person and all of your belongings can be taken. (this is already in law)
How fast will the world be trained to recognize and deal with gold, again?
There are people panning for gold, right now, to get their daily food.
This will most likely be the case in America some time soon.
So we need people that can assay and weigh gold fines.
And further, people may notice that the rots-childs are paying their tyrannical soldiers with gold, and decide to stop accepting it in trade for food. The rots-childs have all the gold, so let them keep it. We will trade with bitcoin or Monero or HIVE.
(Yes, humanity does give up on gold as a monetary metal in the future, but that is not now. And there will be a lot of change between now and then)
So what do you think?
