[SkyPilot]

Gold is a physical thing. Where did it go?

The Fed was forced to sell it, and China and other nations have been on a MASSIVE gold buying spree the last 5 years.

[Soul of the South]

“The Fed was forced to sell it,”

No, the Fed chose to sell it.

[Ruy Dias de Bivar]

, ***and China and other nations have been on a MASSIVE gold buying spree the last 5 years. ***

I remember the early 1970s when FRANCE was buying all the US gold it could at $32.00 an ounce.

[DBrow]

So they loaded the bullion into trucks and onto a cargo ship? I’m clueless here.

[drypowder]

per an advertisement China recently completed a storage vault that will hold 200,000 tons of gold. just like a horse, gold is only worth what someone is willing to pay for it and if necessary one can eat a horse