GOLD LB
Anon was speculating about PAPER GOLD.
Anon- ya got it all wrong.
Paper gold is just that; gold on paper. It does not reflect what is OWNED in the vault at the bank. That gold is owned by someone- maybe even the bank. The fact that the bank is bartering gold contracts to a greater extent than to what is in their vaults is the same thing the bank does in FRACTIONAL RESERVE BANKING.
The paper gold is not supported by physical and therefore artificially SUPPRESSES physical! Not the other way around. The physical is owned. It cannot be re-sold as paper, yet they are doing this.
The only way to OWN gold is to HOLD physical.
Paper is justโฆ paper! It will evaporate just like your inflationary dollars, leaving you with nothing but a promissory note from a bankrupted banker.