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Just like Fort Knox. The gold was looted away long ago.

That is why if you have an ETF/cert you might as well have a fake IOU. Just a very simple Ponzi like money printing out of thin air. Only these are gold and silver certificates printed out of thin air.

The forced revelation that physical PMs don't support the 300:1+ Ponzi will just exaggerate the collapse. In PM circles this is known as the COMEX fraud and pretty much everyone knows about it by now.

That is why when you purchase physical gold and silver - even then - you should know that supply and demand has very little to do with the price. All about the Ponzi.

If the banksters want silver at $5 OVERNIGHT (specifically; when they do their paper thing), they can do that. Or $500. All under their control. For NOW.
 

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