My view:
It is interesting to note, that most of the regime changes of recent years, have involved the disappearance of the central bank's gold. The series of coups seems to begin with the repatriation request for Venezuela's 160 tonnes of gold in August and delivery beginning in November and December 2011. Libya had 144 tonnes before the regime change in 2011. Ukraine had 30 to 40 tonnes until recently.
Over much of the past three years JP Morgan and HSBC had large short positions in precious metals.
You be the judge.
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