Listen to the clip below and make up your own mind. In it, it would appear that some banks are playing footloose with the amount of Physical Gold they have in their vaults. As little as 1% compared with what they have sold to their clients on paper.
Seen anything about this in the MSM? I haven't.
If this is true then we would be looking at a complete melt down in the banking world. It would make the subprime fiasco look like a child's game.