As market turmoil continues to push gold and silver prices higher, precious metal investors need to understand the fundamentals more than ever. Unfortunately, there continues to be a lot of misinformation reported by sources in the precious metal community. This is harmful as it confuses would be precious metal investors.
I decided to write this article due to a recent email question from one of my readers. This individual wanted to know what I thought of the notion that the world held nearly two million tons of gold instead of the official 170,000 metric ton (mt) figure. Let me start off by saying, I have answered this question dozens of times. So, I thought it would be best to write an article to SET THE RECORD STRAIGHT.
To be honest, I can’t stand wasting time on this silly subject, but I am beginning to realize false propaganda continues to mislead a lot of people. I first discussed this in a prior article, THE COMING GOLD RUSH: There’s A Lot Less Gold In The World. However, I will go into more detail and finally lay this matter to rest.
Bix Weir & Karen Hudes Promote The 2 Million Ton Gold Supply Conspiracy
The two individuals who continue to promote the notion of a massive two million ton hidden gold hoard are Bix Weir and Karen Hudes. I would imagine many of the readers are familiar with their claims. Let’s start with what Bix says about Golden Secrets via his website:
This post was published at SRSrocco Report on February 8, 2016.
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