Reading through it sounds like the comptroller may not be buying physical gold to be delivered and stored at the texas facility. But buying paper representing g

Reading through it sounds like the comptroller may not be buying physical gold to be delivered and stored at the texas facility. But buying paper representing gold stored somewhere else. I see a future filled with financial shenanigans where more and more complex layers of papers/futures/derivatives/etc become allowed to 'represent' gold, all ripe for exploitation and fraud (just like the the existing crypto, real estate, stock market, and fiat systems!). The more things change, the more they stay the same.