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Watching gold, silver and Plat. Drop fast. Hmmm. Will it continue?

http://www.kitco.com/connecting.html Watching gold, silver and Plat. Drop fast. Hmmm. Will it continue?

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[–] 0 pt (edited )

I think he is talking about Physical Gold vs. Paper Gold. For example - $9.8 trillion of national gold paper trading took place on the world’s exchanges in 2016 versus $42 billion in actual physical gold investment. This was a paper to physical ratio of 233 to 1. Large paper short selling dumps by big banks kept the precious metals artificially low (so the elite could turn funny money into real assets as cheaply as possible)

Seems like paper trading is just as BS as fiat currency. There is an inherent value in having physical assets. They definitely found creative ways to rob us blind though.