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Do you have a source for that? At least the major ETFs seem physically backed? And just because trading volumes exceed available gold, this doesn’t necessarily
by thesumofall 4y ago
Do you have a source for that? At least the major ETFs seem physically backed? And just because trading volumes exceed available gold, this doesn’t necessarily imply that this is just “paper gold”
- MerelyMortal 4y agoThe term is 'rehypothecation'. This is just the first result in an internet search for gold rehypothecation: https://goldsilver.com/blog/what-is-gold-hypothecation-and-rehypothecation/ https://goldsilver.com/blog/what-is-gold-hypothecation-and-r...