They are selling out and leasing people's "allocated" gold. They have been doing this a long time, "MF-ing" their clients until things finally turn for the worse, like when people say they actually want to hold the gold they bought and not just get another paper broken promise.
The financial media is nowhere on this. Total blackout. Nothing but govt whores and propagandists.
The lawsuits are flying everywhere.
There are 100 pieces of paper for every oz of real gold and silver, YOU MUST take possession. You will get screwed royally in the keister if you do not take action and secure your money. Sell the etf fake gold.
Every human being on the planet's highest financial priority in life should be to stack as many 100 oz silver bars as they can.
15:1 THAT'S THE NATURAL HISTORICAL, MONETARY, AND GEOLOGIC RATIO OF SILVER TO GOLD FOR MILLENIA. ALWAYS AND FOREVER.
Silver has MUCH better supply/demand fundies than gold could dream of. The gold supply is HUGE - billions of ozs. Silver supply is relatively small only a few hundred million ozs available at any one time at most.
And silver is consumed and lost every year, never to be recycled in most cases. Every year more silver is demanded than is mined, and this will be true the rest of your life. Only a much higher price can spur on significant increases in supply.
The central bank thug cartel has done their best to demonetize the metals and impoverish the people, but they cannot stop what is happening - REAL MONEY BECOMING THE TRUE MONEY. It's same as it ever was as the Talking Heads might say.