Thank you econanons from (lb). Got me thinking, bigly.
This kind of points to crypto currency (centrally managed) to issue notes on.
You can't argue with numbers (well, crypto). A note's serial number could be signed by the crypto unit (or fraction of it) it is backed by and verified directly by the holder. The holder couldn't trade the actual crypto unit though.
Not saying I like the idea, but I can see it being tried.
I don't suppose it's the SES that does the auditing?
They're saying they're withholding Venezuela's gold for ideological reasons, but I think there is something bigger going on.
(pic related) is the Reserve Bank of Australia's gold lending over time.
https://www.rba.gov.au/qa/gold-holding.html
Can anyone say 'ponzi'.
That pattern looks to me like 'cashing in' on something then suddenly realizing you've been had and trying to get it all back again.
It's not an up and down type market movement…
Well, so they say. And noone is going to argue with them on that.
Shills were shilling shills a couple of breads back. I think they've gone away to regroup and get their stories straight.
Anything is possible anon.