Hi SP and A4O, GLD has shed another 1.5tons today dropping to 863.01tons of gold holding.
Physical gold in the hands of the bankers enables them to create 100 times more paper gold through fractional banking which is normal banking practice. The shrinking of physical gold holdings in their hands makes their paper gold structure superly leveraged thus dangerous.
They are laughing now but deep in their heart they probably know the risk and how precarious the situation is and I suspect it is the bankers themselves taking delivery of the physical for their personal/private accounts.
