Here's an interesting update on the gold market; it's up 53% since a year ago.
Precious metal price manipulation through paper ETFs is starting to crumble. I've read estimates that paper contracts are 100:1 versus actual physical gold holdings by the banksters. Others think it is 500:1 or higher. Same with silver at 300:1.
Now that the price is over $2900/ounce, and people are asking for physical delivery of their paper PMs, the excuse LBMA (London Bank) responds with, essentially, "Well, gold is heavy and we only have one Lorrie on site to load up and deliver."
Remember, if you don't hold it, you don't own it...
https://youtu.be/JFwCiQVjAfE?si=wLs2GaqLpvUCTjGU