"Remember when Zoltan Pozsar said there's a crisis of collateral coming? Well, this is it, gold revaluation is happening right now

Topics: Unaccounted for Gold, BRICS Behavior, Markets

Since March 1st: When Macro Discretionary funds bought as well as SGE traders.

1- New Physical Gold Supply Sources

Data illustrates the proportion of gold supply from different sources.1

Data compares the total new supply with total accounted demand and highlights the unaccounted difference.

Data shows the contribution of each sector to the total accounted demand.

Data depicts how the unaccounted gold supply is distributed when considering potential derivative claims.

5- Final Accounting Differential

Data purpose: Compares physical supply and demand alongside derivative market claims.

Where is the Gold? Who is Holding it? For What Reasons and to what ends?