Worthwhile article on gold

[Kevin K.]

https://quantpedia.com/understanding-go ... 2020253255

IMHO one of the more fascinating findings is the clear correlation between increasing gold prices and the invention of "paper" gold in 2004. Of course hard-core PP'ers will insist that paper gold isn't a substitute for physical but from an investing perspective it's paper transactions that set gold's value.

Also of interest is the prospect they dangle of commercial banks being allowed to hold gold reserves, which they speculate could cause a massive short-term spike in value.

[dualstow]

I wonder where the banks would hold the reserves. Not where they currently do business, right? They’ve been shedding safe deposit box services, and anyway it would invite more crime. So just some separate, largely undisclosed location?

Sorry, just thinking out loud. It’s not a serious question .