is there really a physical shortage, page-17

no BG, the 'proof' for no shortages is that bullion is flowing freely and in greater quantities to India and China. Those who want to buy gold are doing so from all of those willing sellers in the West.

200+ tonnes in a single month equals no shortage. April imports will be even greater, equals even more plentiful supply.

To suggest the Germans can't get their gold because of a shortage is laughable given this context.