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by alecco 270 days ago
Most of that is some digital system saying you are owed gold without independent audit of actual bullion reserves. More worrying: many central banks are buying actual physical gold and absorbing the extra price for moving it and custody.

https://www.theguardian.com/business/2025/sep/28/bullion-bon...

1 comments

That is insane. What happens when that house of cards comes falling down?
I would bet something like EO6102 + Corralito. All Watched Over by Machines of Loving Grace ("brought to you by Palantir (tm)" with digital ID).

[1] https://en.wikipedia.org/wiki/Executive_Order_6102

[2] https://en.wikipedia.org/wiki/Corralito