by Bill Holter, Miles Franklin:
“How much Gold do they really have?” This is a question which is asked all the time regarding the ETFs and of inventories such as the COMEX and in London. Of course the real hardcore whack jobs ask even more “conspiratorial” question like how much gold is in Ft. Knox? A logical question mind you since there has been no audit since 1956, but what’s not to trust? You see, no matter where you look when it pertains to gold, the “motive” to lie is off the charts. So, how much gold do they really have? …the Chinese, that is. And why are the numbers and reports so vague and not often reported?
And yes, THEY also have reason to hide the true facts and to cloak what they have really accumulated but obviously for different reasons. China is a mirror image of the West, while the West wants you to believe that they have vaults filled to the brim and bursting at the doors, China cry’s “poor.” They claim to have 1,054 tons of gold. They have much MUCH more and I’ll talk about that in a minute.
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