Wesdome Gold Mines Ltd T.WDO

Office of the Comptroller

[garmin1]

https://www.occ.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr1-2022.pdf

The graph that Hambro shows can be found here on page 43 of this link. Twenty year time frame, shows an absolutely astronomical spike in notional gold this year being printed out of total thin air.
Like it says, it's notional gold, only a notion, and US government approved financial institutions are allowed to fabricate out of thin air. Western gold manipulation benefits astute Eastern gold stackers!

[garmin1]

So the info on page 43 of this link shows in Q1 an upward explosion of $463.17 billion of notional gold held with American banks with a maturity of less than 1 year, and an additional $28.4 billion large uptick with 1-5 year maturity. Based on what's going on in the world, I suspect these derivatives are nearly all  contracts to buy gold. So here's the kicker, these notional gold