A German delegation went to the comex a while back to inspect their gold and they were told they could not. So you know what they did? They repatriated their gold. True story.
The gig is up.
I’m waiting for a something like a lawsuit against the comex brought by South American miners, a la Uber in the UK and their win on workers rights.
Also if you don’t know who Bart Chilton is they you should. That guy was a hero. Longest serving CFCT commissioner who really understood what was going on in markets.
Listen to his 2019 interview with Arcadia economics sadly about a month before his passing.
Now that is a guy with integrity. Do you think Australia will ever have a regulator like that? Maybe one day.
