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Gold News: Is the Supply ‘Less Than Expected’? | The Mesh Report

Gold News: Is the Supply ‘Less Than Expected’?

Mike Hammer August 1, 2017 Comments Off on Gold News: Is the Supply ‘Less Than Expected’?

In today’s gold news, the LBMA published their gold inventory for the first time yesterday.  Hurray!  This should calm the conspiracy theorists — but it probably won’t.  You’ll recall we’ve written on the mysteries of gold inventories, production and so on before. The real sticky point is this:
“Is there gold underneath all the paper that’s trading?”  Because if the actual supply of gold is greatly less than expected, there would be a panic while everybody figured out what “paper gold” represented real gold, and what was just – well, paper.

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