Fort Knox holds "Nothing But Moths and IOUs"

Connecting the Dots Between Zoltan Pozsar and Egon von Greyerz

Good morning: The following is a re-edit of yesterday morning’s post with some relevant quotes and graphics added. It should read better in this format.

Fort Knox: Nothing But Moths and Half-Eaten IOUs

Contents: (950 words)

1. A Bold Claim from the Comex Trading Floor

2. Vanishing Gold Reserves

3. IOU Expansion Under Clinton and Greenspan

4. Mutual Benefits and Suppress…