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If there really is a doubt that the US holds less gold than it claims, surely this would be reflected in the pricing of US-held gold? Yet I've never heard that
by joosters 10y ago
If there really is a doubt that the US holds less gold than it claims, surely this would be reflected in the pricing of US-held gold? Yet I've never heard that such a price gap exists. What am I missing?
- pg314 10y agoYou're not missing anything. It's just another conspiracy theory. They'll claim that the gold price is being kept at an artificial level.
- tonfa 10y agoAlso all that gold is not in open market, just in central banks and international institutions (e.g. IMF) balance sheets. So I assume the argument is that they're covering it up.