With all the paper contracts out there, do we know who actually owns the physical gold?
Things could get messy...
Good opportunity for the tokenization of gold on transparent, censorship-resistant blockchains though.
With all the paper contracts out there, do we know who actually owns the physical gold?
Things could get messy...
Good opportunity for the tokenization of gold on transparent, censorship-resistant blockchains though.
More people holding paper gold want to convert it to physical gold in order to take delivery. That can get crazy after a while. That may be what's been driving silver in recent weeks, too.