Part 6/8:
London’s historical relationship with gold stretches back centuries, dating back to 1697 when significant amounts of gold began being stored beneath its streets. Interestingly, the City of London operates independently of the Greater London governance structure, maintaining its own legal system and police. This unique status allows it to function as a financial enclave, overseeing vast amounts of global wealth and assets.
As reports reveal delays in gold requests, concerns swirl around whether the mechanisms for trading gold have become corrupted or inefficient. The longer logistical delays persist, the greater the public’s anxiety becomes about the true state of affairs regarding gold storage.