‘Just bring the gold back’: RBA responds as conspiracy theories swirl around Australia’s ‘missing’ gold "Australia owns 80 tonnes of gold worth $4.4 billion but it’s not even in the country — and the internet is rife with conspiracy theories." "Most people would be aware that the Reserve Bank of Australia, like all central banks around the world, holds a portion of the country’s reserve assets in gold. What you may not know, because it was only made public in December 2012 , is that 99.9 per cent of Australia’s $4.4 billion worth is actually held by the Bank of England. Of that gold, 11 tonnes is “leased” out to earn interest — it brought in around $700,000 last year — while the other 69 tonnes is sitting in a vault in London. Or is it?" read more at: https://www.news.com.au/finance/eco...d/news-story/c0fe71e8bd40a3440a58febb80df8da3
As an Englishman I am happy to extend the Bank of England's generous offer to you, to hold all your personal gold deposits in my storage facility.
sounds like the banks of old, where the depositors get a ticket and the gold is then available to be loaned out to 3rd parties
