SD reader Anders has submitted a boots-on-the ground report from Bangkok Thailand, which is normally flooded with physical gold.
In the wake of this week’s massive gold take-down by the cartel, Anders reports that:
EVERY Gold-shop in Bangkok is out of Bullion…there is not 1 single ounce of gold bullion available for purchase in the entire city of Bangkok! The Gold is going down in price like everyone is selling.. while there is no Phyzz to buy at all in all Thailand!
Full first-hand report from SD reader Anders:
I live in Thailand and am 100% invested in PM.
Today when I walked by a Gold-shop here in Bangkok, there was a long queue outside.
Since I’m curious and also have seen how the cartel has smashed down the Gold the last 2 days I walked in and asked whats happening…
and not 1 ounce is possible to buy. (they only have some jewellery for sell)
To buy Bullion you must order and wait (at least) 5 days.. and you can only order 2.5 ounce per person.
And they stopped taking orders at 3pm today as well.
I saw later long long queue outside many Gold-shops.. and the info I got was that there is not 1 ounce of Gold-bullion to buy in the whole Bangkok.
(possibly the whole Thailand)
The Gold is going down in price like everyone is selling.. while there is no Phyzz to buy at all in the whole Thailand.
The cartels naked -shorting is hilariously obvious now.
(Btw. Thaigold is 96.5%, not 99.9 like the Eagle/Maple leafs Etc)
But anyway.. all Thailand is out of Gold and there is a limitation on how much you can order.. and it will take at least 5 days to get it.
Frankly.. I’m shocked… Thailand is a huge Gold community.. so no one has ever heard of gold being sold out here before.
I just thought this would be of some interest for you.