where has all the gold gone? does it matter?, page-2

It matters when companies go belly up and you have competing claims from several people over the same ounce of gold.

It hasnt been missed since all currencies are fiat-based. It will be severely missed when there is a return to some sort of gold standard.

I think Venezuala has asked for all its gold from the Bank of England. Be interesting to see if they actually have it...