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flowerthoughts | 1 month ago

You also need to build the infrastructure to take on 1,000 tons of gold. I doubt that's done in a month. IIRC, London has the biggest storage after NYC, so that's probably where it'll end up in the interrim. Eventually, I'd guess Switzerland will rise to do more gold storage.

We're essentially creating the same scenario as WTI vs Brent oil, where gold is partitioned into multiple different products depending on location.

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