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It's really odd that the more I see charts of precious metals and Bitcoin, the more I see the inverse graph (the paired currency's value trend to xx00% and the hard capped asset flat.) Would a Bric actually be scooping up Germany's gold and repatriating it to another Bric nation, in exchange for some durable goods or some consumable resource?
I wonder how this auditing takes place and of the public will be able to say 'so there goes our gold, we now have these shiny new electronic cars' or 'here's the petrol and gas we sold our national reserves for!'
How much Bitcoin was sold?
Hopefully not as criminal as the labour party's decision to sell 395 tons of gold for US$3.5 billion at the beginning of the millenium. Today the UK would have £26.5 billion.