Where does all the gold and silver come from?

[sixgun]

This thread is for members of the forum to post questions they would like fielded to Andrew Maguire in question video sessions.
If you have a burning question then post it here. The questions will be passed on and maybe your question will be asked.
In this question i would like to know where all the gold and silver comes from.

 

[sixgun]

Where does all the gold / silver come from?

Increasingly we hear that Central Banks are buying large tonnage gold. We hear about high demand for gold and silver. We also hear that the US probably doesn't have any gold.
So where does all the gold come from? Who is holding this gold to be able to sell into the market?

If you think this is a good question to ask will you upvote it at the beginning of the thread please.
@NotJoKin @TomL @ROS

 

[NoJoKin]

Where does all the gold / silver come from?

Increasingly we hear that Central Banks are buying large tonnage gold. We hear about high demand for gold and silver. We also hear that the US probably doesn't have any gold.
So where does all the gold come from? Who is holding this gold to be able to sell into the market?

I've been asking that question for about, oh, let's say, 20 years now. I was asking it especially of Ted Butler, who for quite a period of time back several years ago was stating that JPMorgue had accumulated 500M, then 600M, then...then... 900M oz phyz Ag for their own book. I asked him where he thought that all came from, especially since he also believed that all the phyz Ag that was supposed to back the ETF (SLV) was also all there, and on top of that many were talking about a phyz shortage. He responded but never really answered. I'd love to hear Andrew's take on that, bc I don't believe it, ie, w/rt SILVER.

 

[sixgun]

I've been asking that question for about, oh, let's say, 20 years now. I was asking it especially of Ted Butler, who for quite a period of time back several years ago was stating that JPMorgue had accumulated 500M, then 600M, then...then... 900M oz phyz Ag for their own book. I asked him where he thought that all came from, especially since he also believed that all the phyz Ag that was supposed to back the ETF (SLV) was also all there. He responded but never really answered. I'd love to hear Andrew's take on that, bc I don't believe it.

Yeah it is sort of like when X, Y, Z says the world is run by this cabal, cartel, this secret group - but those who say this never actually say who it is other than old chestnuts like the Rothschilds and the Rockefellars.
The 'where does all the gold actually come from' is the same sort of mystery question and answer.
Please upvote the question if you like it.

 

[NoJoKin]

How do we upvote it beyond "Like"ing your post?

 

[sixgun]

top right of the thread there is an arrow.

 

[NoJoKin]

top right of the thread there is an arrow.
View attachment 4738

Problem is, sixgun, that your post with the question does not have the arrows, just your introductory post does. I gave it a vote, but it doesn't contain the question.

 

[sixgun]

i think we will have to create a new thread for each question.
I have changed the title of the thread - every question will need a new thread.

 

[Uchiki]

That could get a little unwieldy. Maybe just as easy to post questions and then "Like" them and then an Admin can go through and count the Likes and then present the questions accordingly. I doubt there'll be hundreds or even dozens. Might be a bit of a hassle for the chosen Admin, but I think this group can be selective in their questions.

Please create a new thread within this section for each question.
The voting mechanism is described here along with how to order the questions by popularity etc.

Making suggestions and voting

The Make a suggestion section of the forum is a useful place for community members to make suggestions. Further, the voting option can be used to gauge the support for individual suggestions. Guidelines Make each thread about a distinct suggestion. This way it is clear what others are reacting...

forum.kinesis.money

 

[NoJoKin]

Please create a new thread within this section for each question.
The voting mechanism is described here along with how to order the questions by popularity etc.

Making suggestions and voting

The Make a suggestion section of the forum is a useful place for community members to make suggestions. Further, the voting option can be used to gauge the support for individual suggestions. Guidelines Make each thread about a distinct suggestion. This way it is clear what others are reacting...

forum.kinesis.money

You're right ... creating new threads is simpler and more elegant than I thought it would be.