The Great Gold Shortage Crisis: Why Physical Gold is Vanishing Fast

Gold in the Wind: The Bank of England’s Vanishing Bullion If you listen to the Financial Times, they’ll tell you that recent delays in gold withdrawals from the Bank of England (BoE) are due to logistical “hiccups.” The BoE, which claims to hold over 5,000 metric tonnes of gold in its underground vaults, is allegedly struggling to deliver bullion to its rightful owners—because, wait for it—gold is heavy and there aren’t enough vans. Are we really expected to believe that one of the most powerful financial institutions in the world, responsible for storing the hard wealth of sovereign nations and mega-banks, suddenly forgot how to move gold? No, something much more sinister is at play. Here’s the hard truth: The…