nononameo

Bullion Shortage and Spot Prices Tell Two Different Gold Stories

The answer is very simple. A rising gold price is an indicator that the central banks are printing too much money. It is also widely seen as a barometer for inflationary expectations and confidence in the financial system. Since the central banks find themselves in a crisis situation and a position where they need to create an unprecedented supply of new money, it is imperative for them at the same time to prevent a sustained rise in the price of gold, which is the only competitor to their fiat.

If the gold shortage moves to the institutional level however, then the price suppression scheme could fail.