And they do stack it...on behalf of thousands of customers world wide. As for "stacking" themselves...look up their latest audited reports to see what their current inventory is if you are concerned about their business model.
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Their current inventory according to the goldbugs is that they're running out of gold and silver, some coins and bars are just not available - it's absurd, the world is awash with gold and silver.
They stack it on behalf of others, for a fee, but they don't stack it themselves. I don't know why?
Anyway, property has always beaten gold in the long run, and your chart won't take into account the income or rent.
On your chart, in 2012 it took 280 oz to buy a house, now it takes 380.
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