And it’s this physical gold (being) dis-hoarded from the above ground stock that ultimately relieves the pressure and the stress that we are now seeing in the LBMA system.
- James Turk via King World News:
Saturday, August 31, 2013
Physical Gold Being Dishoarded
My expectation going forward from here is the gold forward rate is just one of these signals that there is a lot of stress in the (fractional reserve gold) system, and that the stress in the system is ultimately going to be met by higher gold prices, because it takes higher gold prices to entice people to get rid of their gold and accept a national currency in exchange.
And it’s this physical gold (being) dis-hoarded from the above ground stock that ultimately relieves the pressure and the stress that we are now seeing in the LBMA system.
And it’s this physical gold (being) dis-hoarded from the above ground stock that ultimately relieves the pressure and the stress that we are now seeing in the LBMA system.
