is there really a physical shortage, page-12

yeah right John, so how many tonnes did India and China import in March alone, over 200 tonnes in a single month. April will see more.

If Germany couldn't get their gold because of a 'shortage' you reckon peasants and farmers could?

The German central bank is very content to keep their gold in NY. They've been fighting with their politicians over gold sales since I've been following the market.

In short, no shortage just politics