From the 1968 Bank of England vault collapse to China’s 2026 paper gold ban: discover how central banks have suppressed the true price of gold for decades.
I see 2 things I am doing. 1. Do NOT sell any gold/silver your currently have in your possesion. 2. If prices stay relatively low.. Like today, buy more with paper assets like T-Bills, bonds, all of which are losing value. And, as Mr. Eye has shown us, cash is losing value every day. Do not sit on it.
Physically store your precious metals at home or in a location under your direct personal control, rather than keeping them in a commercial vault or third-party storage facility.
The 1968 parallel is well drawn. One dimension worth adding: physical-only price discovery is thinner and more volatile. Paper markets suppress price but they also suppress volatility. Removing the paper layer gets you a more honest number and a more violent one. China is building vaults for both the gold and the turbulence.
Thank you for your astute comments. I agree with your analysis. Soon, perhaps tomorrow (July 24, 2026), the paper price of gold should be revealed as far from the real price of physical gold.
10,000% both metals are being heavily supressed. Simply look at the role Silver plays in electronics alone, then look at AI.... it is HEAVILY supressed err... managed.
I see 2 things I am doing. 1. Do NOT sell any gold/silver your currently have in your possesion. 2. If prices stay relatively low.. Like today, buy more with paper assets like T-Bills, bonds, all of which are losing value. And, as Mr. Eye has shown us, cash is losing value every day. Do not sit on it.
I'm not knowledgeable about this kind of thing. I hold metals. Is there any action I should take?
Physically store your precious metals at home or in a location under your direct personal control, rather than keeping them in a commercial vault or third-party storage facility.
house your own metals. no need it getting conf in an offsite vault out of your control.
Others may have diff suggestions.
Yes, I'm holding it.
The 1968 parallel is well drawn. One dimension worth adding: physical-only price discovery is thinner and more volatile. Paper markets suppress price but they also suppress volatility. Removing the paper layer gets you a more honest number and a more violent one. China is building vaults for both the gold and the turbulence.
Thank you for your astute comments. I agree with your analysis. Soon, perhaps tomorrow (July 24, 2026), the paper price of gold should be revealed as far from the real price of physical gold.
I think it will be a slower process taking a few weeks or months to start showing Gold's true value. We have a short window.
10,000% both metals are being heavily supressed. Simply look at the role Silver plays in electronics alone, then look at AI.... it is HEAVILY supressed err... managed.