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http://www.zerohedge.com/news/2016-01-01/trail-dubais-stolen-gold-client-breaks-silence-and-fascinating-detail-emerges Gold trade Iran-Turkey for oil, apparently. Anyway, the Middle East is more like the Wild West... It cannot be compared to Australia.

They just want to remove the fractional reserve magic trick from commercial bank. Money would still be created fiat style from the central bank.

He said one wallet, not one address. The bitcoins are most likely distributed across several addresses. It's assumed that most of his bitcoins have been acquired by mining at the birth of the blockchain and, apparently, those initial addresses have been used to transfer only peanuts so far.

Trust on money created from debt lies on the capability of the issuer to provide future goods and services in exchange for the issued money (which is used to purchase present goods and services). If a creditor thinks that his debtor will not be able to fulfil his promises of future deliveries...

Yes, that's a given. But again, stock to flow ratio is expressed in decades so we have to think of a commodity crash that last decades before we see a stock depletion.

24k, due to the more favourable tax and customs treatment around the world.

Stock to flow ratio is apparently 20-30 years. There is plenty of time for new miners to enter the market before stocks are depleted. Plus, silver is mostly obtained as a byproduct of other metals.

imo, Saudi does what U.S. says.

The guy is a freaking mathematics/cryptography genius. Any government will do anything to have his mind at its disposal.

Ok, this one is definitely better. Now you just need to find the correlation between money supply and USD index.

Nice, but there is not even correlation between the two charts!

Nothing.

Well, at least I guess there will be way more physical gold in the PM than in Comex.

So, basically, rate hike is irrelevant and only banksters position matters. Yeah, I'm actually with you on this. I think FED might hike, believing that the hike has already been priced in by Wall Street, only to ease again after seeing the negative effects on Main Street. Yellen doesn't like...

Yes, check this infographic: http://demonocracy.info/infographics/world/gold/gold.html It's an Olympic size pool. Note also that they are talking about pure gold; all the gold around fingers and necks is mixed with something else so the volume of jewellery is obviously much larger.

very possible.....

Yes, but not dramatically, and they have an agreement in place to limit gold price volatility. The fact that they own a couple thousand more is not extremely relevant, of course, what counts is their total stack. They hold it for the same reason we hold it: lack of trust among them and to hedge...

In my opinion this is one of the reasons why central banks stack gold, to have a chance at influencing the price in this kind of scenario.

Illegal activities are the most profitable?

The entire market of gold should be around 170,000 tons which is approx 5 billion oz. Where did you get the 128Moz figure? Are you only looking at the yearly production (mining + recycling)?