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14/04/24
18:03
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Originally posted by Coolykid:
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Haha I am not sure if this was a joke or not. But 99% of the gold traded will be held in the UK at the Bank of England BOE. When countries trade gold it is just recorded however not moved from the BOE, mithis saves shipping it around the world each time a trade is made. All the different countries gold is apart of this pool! So I guess you're right, it's all done on the Internet!
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99% - you need to do more research. haven’t you heard of Fort Knox? Do you seriously think China being the biggest producer of gold is sending. It to London? China has been importing lots of physical gold as does India. Stop spreading mis information