Well, the gold’s likely mostly gone from Ft. Knox or replaced with gold plated tungsten for the showtime.
Agree. When the NY Fed can’t come up with enough gold to return the German government’s supply it was holding in safekeeping, there’s little doubt that most physical precious metal have gone to China and elsewhere.
The West foolishly considers pieces of paper — fiat currencies and contracts purporting to represent precious metal ownership — to be superior to physically possessing gold, silver, etc.