The gold borrowing cost spike that accompanied London's shortage was temporary and has normalized, with the gold market now likely oversupplied in the U.S. depositories, such that New York stocks of gold will probably begin to decline.
forecastpending
Speaker
John ReedEvidence Quote
“There's probably enough gold in the in the states. In fact, I think there's too much gold in the States, and you probably will start to see those New York stocks of gold start to decline now.”
Source
Europe Is Cracking – Gold Demand Explodes, What Comes After the Crash? | John Reade— Soar FinanciallyCreated: 8/11/2026, 6:47:47 AM
My Notes
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