Murphy was saying that Veneroso got the leak about leased CB Gold from within the BoE and that it was @ 8 K tonnes back in the 90’s, which means that his theory was not based on supposition, rather hard fact….I think it is fair to say that by now there is very little Western CB Gold left, unleased if any.
Also I could never work out why they “allowed” PM ETF’s…until it was obvious no real Gold was involved, which just bought more time etc.
I think it safe to say, most of us have more free Gold in our teeth, than Fort Knox does !!!!!
PS China plays the Long Game, as long as the Scum keep giving Gold away, they will stay schtum.