[Antoninus]

This is a nothing-burger. So in reality, what this means is that we have 92% of the gold we’re reported to have in Fort Knox. So the 8,133.5 metric tons of gold reported is actually 7,482.82 metric tons. How does that change anything?

[delta7]

How does that change anything?

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International liquidity. I agree the purity matters little, but with France rejecting their Gold stored in Ft Knox and opting to make new bars refined to international standards tells me they want “ liquid” bars.

The BIS ( international Banking group governing Central Banks) as of last July declared physical Gold a Tier One asset, a “ HQLA”, Highest Quality Liquid Asset”, which tells me France with all their financial woes want Gold that can be sold off immediately.