Leaking Gold....With all the continued take downs in the gold price instigated by the bullion banks there has been leakage out to large buyers from the LBMA and Comex vaults.
That is the downside of trying to destroy the price. It becomes a loss of product for which these banks are supposedly trying to make and control a market. It is not a viable long term business model. It means the western bullion markets will fade and let the asian markets essentially take over the business.
This is a self inflicted shakedown. If the product is kept too cheap and the demand for physical is high there won't be much of a market left for you. As usual - short-term thinking.
Alasdair runs over some of the data.....
https://kingworldnews.com/kwn-metals-wrap-with-alasdair-macleod-12-03-2021/