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The Sandbox The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 02-18-2025, 10:37 PM   #1
CPT Savajo
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Default LBMA Can't Deliver Gold as Supply-Chain Breaks

The LBMA Has a Stock-Out
"London's bullion market is under strain. A surge in gold shipments to the U.S. has left traders scrambling to borrow from central banks, with wait times at the Bank of England stretching from days to weeks. The gold supply chain, long considered reliable, is now exposed to cracks that weren’t apparent before."

https://www.zerohedge.com/news/2025-...y-chain-breaks


Are We Running Out of Gold? The Truth Behind London’s Supply Crisis—And How to Profit from It

"The withdrawal backlog at the Bank of England—one of the world's largest Gold custodians—has ballooned from just a few days to eight weeks.

None of this is normal.

For decades, London has served as the heart of the global Gold trade, managing liquidity for central banks, hedge funds, and institutional investors.

But if London is struggling to fulfill orders, it raises a critical question:

Is there actually enough physical Gold to meet global demand?"

https://goldtrader.substack.com/p/ar...utm_medium=web

Waiting for up to 8 weeks tells me they don't have it.
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Old 02-19-2025, 05:43 AM   #2
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What are you doing dude. Were you hacked?
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Old 02-19-2025, 03:14 PM   #3
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It is because Fort Knox is about to get audited, and the gold that is supposed to be there probably is not there.
No President or Congressman has been allowed in Fort Knox since 1974, and that was limited as to what was allowed to be seen. A lot of the bars were discolored, as if they were impure. What do they have to hide inside Fort Knox?
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Old 02-19-2025, 03:17 PM   #4
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Lol no. It's just a story and a subject I've been paying attention to. With gold hitting record highs since last year and into this year there's no mention of it in mainstream media news reporting such as CNBC but they'll talk about Bitcoin. They do it on purpose. It's evident that gold is going UP and ALL fiat currencies are going DOWN.
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Old 02-19-2025, 03:49 PM   #5
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Quote:
Originally Posted by tuckahoe View Post
It is because Fort Knox is about to get audited, and the gold that is supposed to be there probably is not there.
No President or Congressman has been allowed in Fort Knox since 1974, and that was limited as to what was allowed to be seen. A lot of the bars were discolored, as if they were impure. What do they have to hide inside Fort Knox?
I would like to see Ron Paul audit Ft. Knox. That may be why the Bank of England sent the gold to the USA, to get it ready for a potential audit. If news broke that Ft. Knox is empty it would rattle confidence in the USA and across the world and we would probably see a modern day gold rush to a greater degree. Maybe gold will be revalued higher to pay off the debt or partially back bonds with it to keep the game going.
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Old 02-19-2025, 03:56 PM   #6
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This is the most boomer shit I've ever seen on here.
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Old 02-19-2025, 04:22 PM   #7
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Has Oddjob showed up yet?
Pussy Galore?
We are talking about gold missing from FT Knox
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Old 02-20-2025, 07:55 PM   #8
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This is the most boomer shit I've ever seen on here.
Saving only in dollars is boomer shit.
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Old 02-20-2025, 09:37 PM   #9
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Saving only in dollars is boomer shit.
No, buying those gold coins hucksters hawk on those 24/7 news channels is about as boomer as you can get.
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Old 02-20-2025, 10:21 PM   #10
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Quote:
Originally Posted by CPT Savajo View Post
Lol no. It's just a story and a subject I've been paying attention to. With gold hitting record highs since last year and into this year there's no mention of it in mainstream media news reporting such as CNBC but they'll talk about Bitcoin. They do it on purpose. It's evident that gold is going UP and ALL fiat currencies are going DOWN.

Not all fiat currencies are going down but the US dollar is. And I certainly would never fall for the non-fiat fiasco....pardon the play on spelling, I couldn't resist.
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Old 02-20-2025, 10:49 PM   #11
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No, buying those gold coins hucksters hawk on those 24/7 news channels is about as boomer as you can get.
Lol okay, there is nobody hawking gold coins on news channels. Gold American Eagles are legal tender, meaning they are backed by law as it's REAL money. Federal Reserve Notes are NOT real money, it's currency, an instrument of debt which is losing purchasing power. They don't teach you that in Kindergarten-12th grade thru Grad school on purpose.
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Old 02-20-2025, 11:04 PM   #12
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Not all fiat currencies are going down but the US dollar is. And I certainly would never fall for the non-fiat fiasco....pardon the play on spelling, I couldn't resist.
Gold is smashing records measured in all fiat currencies around the globe. I like cryptocurrency (Bitcoin) and think it is better than the US dollar because of it's decentralized status but gold is more stable where the swings aren't so wild. Trump ran for President on the notion of starting a Bitcoin strategic reserve which I think is complete bullshit because the government doesn't control it and Peter Schiff explained it very well in the second half of this video... https://www.youtube.com/watch?v=wJ6BjIEqLNs

Some think Bitcoin will go into the millions and it might but before it does I think there will be a kneejerk reaction where it might fall hard which might create an opportunity to get in at a much lower price if news breaks that the government will not use Bitcoin as a strategic reserve of digital nothingness.
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