Tether has monopolized the gold market. They have already secured 2 tons of gold weekly, equivalent to China's gold reserves. Tether stores the gold in its own vault, rather than in the mixed vaults of COMEX/GLD/Fed/Chase, which has enabled true supply and demand price discovery for the first time in 50 years.
My concerns are starting to become a reality; there really is a frenzy in the virtual currency space hoarding gold, and this is a game that, once started, cannot be stopped. Gold is becoming scarcer!
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