What if world supplies of gold are 50 or a 100 times what people believe and a consortium has been hording it for a century or more?
What is the “false premise”? There are a lot of people today who have converted significant portions of their investments into gold, but how many have actually seen the gold?
For the record, I do not believe that there is a larger gold supply than people think, but I wouldn’t be surprised if some of the gold being sold today didn’t actually exist.