GOLD RUSH TO NYC: Is something BIG About to Happen? (Uncut) 02-11-2025
GOLD RUSH TO NYC: Is something BIG About to Happen?
Something big is happening in the gold market and no one is talking about it. We’ve known that central banks have been stockpiling gold preparing for a currency reset, but now suddenly Wall Street is hoarding physical gold. So the question is, what do they know that we don’t and what are they preparing for? In case you missed it, this past week a scandal has rocked the Bank of England where the wait time to withdraw gold has jumped from a few days to a few months, essentially a bank run but with gold.
But that’s not all. At the same time that this has been happening, the gap has been winding between spot and future prices of gold, which hasn’t been seen since 2020 when the system nearly collapsed. And yet we’re being told that there’s nothing to see here, just logistical issues and tariff concerns.
But if that were true, it still wouldn’t explain the widening price gap and why Wall Street is hoarding gold like something big is about to happen, which means they know something we don’t. And if they’re preparing now, it means we probably should be preparing too. So let’s get into it.
The first thing to understand is that when we hear about the spot price of gold on the news, it’s usually based on the COMEX or the New York Commodity Exchange. But much like our wonderful trustworthy banking system, COMEX operates on a fractional reserve system, meaning there is far more paper gold, aka contracts and derivatives based on gold than there is actual physical gold in its vaults. I will spare you a rant about how this allows big banks to flood the market with paper contracts that they never intend to deliver on, thereby suppressing the price of gold, but understand that they make it look like there’s far more gold available than there actually is.
And normally this game works because most traders don’t take delivery of their gold, but here’s where this gets messy. First, the shortage at the Bank of England. Gold withdrawals that used to take days are now taking months, meaning that they either don’t have enough gold available or there was a sudden massive demand for gold withdrawals, neither of which inspire confidence.
Now, we know that they shipped a massive amount of their gold to the COMEX vaults in New York, which are seeing a massive spike in holdings. In fact, since November, COMEX inventory of real gold has jumped by 75%, which is huge. Now, supposedly the reason for this is that traders are looking to avoid tariffs, which could make sense until you look at the price spread.
Gold spot price is what gold costs right now immediately per ounce versus gold futures, which is an agreed upon price for gold at a future date. Now, normally the spread between these two prices is only a few dollars, but recently this gap has been winding to 40 plus, which might not sound like a lot, but here’s why this is a huge deal. If the futures price is that much higher than spot, then traders in theory should be making risk-free profit by buying gold at spot and selling it in futures.
But the reason that they’re not is because they don’t have the confidence that the gold will be delivered. And here’s where it gets even more bizarre. COMEX just had one of its largest delivery months in history with over $5 billion worth of gold being delivered, an amount typically only seen in major months, not minor ones, which January historically is.
And instead of delivery slowing down as the month went on, they accelerated with net new contracts being bought and settled for delivery all month long, something we almost never see. It could be that there’s an entity that is quietly accumulating massive amounts of gold on Wall Street. But that’s where things take an even more interesting turn because some are speculating that these mystery buyers or buyer aren’t just accumulating gold to hedge risk, but they’re actually intentionally pushing COMEX to the breaking point.
Think about it. If COMEX struggled to meet delivery demand, the entire paper gold system would be exposed as fraudulent and it would reset the price of gold to true supply and demand, which would send prices skyrocketing. Now, the last time we even saw something close to this was in 2020.
Gold demand was up and banks, go figure, got reckless with their paper gold gambling, creating way too many contracts that they did not have the physical gold to back it up, flooding the market, and suddenly the world shut down. So, of course, they didn’t actually have the physical gold to back the contracts, and suddenly the spot and futures price spread exploded to over a hundred dollars. But by the skin of their teeth, they were able to do emergency deliveries and through some magic avoided complete collapse.
But here’s the difference. Back then, the logistical crisis made sense. Today, it doesn’t.
So what’s really going on? Well, we know for a fact that gold is being stockpiled at Wall Street in record numbers. We know that there’s some kind of mystery entity or entities who are buying it up as much as they can get. And we know that this tariffs excuse does not account for everything, all this strange activity that we’re seeing.
So what does that leave us with? Well, we know the obvious answer that as trust in the U.S. financial system and the dollar continues to erode globally, everyone is moving into gold to make sure that they have a safe store of value. But I am not going to cancel out this theory I’ve been seeing that they could be setting the stage for something bigger, a potential way to make gold prices go through the roof to their real fundamental value. I’m not going to rule it out because we know if gold were naturally revalued through this process, it would help all of these central banks, all these countries who are drowning in debt.
It would benefit anyone who’s already been quietly accumulating gold, and it would set the foundation for a new gold-backed monetary system of some sort. Because we know that a full trust and faith in the credit of the U.S. government, that is not the future, that is the past. And it would explain why Wall Street is hoarding gold in record amounts.
But whatever the answer is, there’s one thing we know for certain, which is that gold does not lie. Gold is going to be at the heart of this new financial system that is changing in a major way. And if we can all take one lesson away from this, it’s that paper gold, paper gold won’t save you when the time comes.
You need to have the real physical thing if you want to be protected. I mean, imagine that you needed to get your gold and you were told you had to wait a couple of months at minimum to access it. I don’t think so.
This is not real gold. If you hold it, you own it. You know the saying.
Think about it this way. Are central banks piling into ETFs? Or are they holding physical gold and bringing their gold into their own vaults so that they have it for when the reset comes? If they are preparing with real physical metal, why are you settling for a paper IOU? Do not settle for promises because history has told us time and time again that it is the people who are holding the real underlying asset, the physical gold and silver, who will be the ones who are protected through the reset or those who are holding the promises. The paper IOUs will be left with nothing.
So the question isn’t what are they preparing for? It’s what are you preparing for? Have you prepared already? And if not, it is time to get a strategy in place. Do not wait until it’s too late. If you don’t know where to start or you’re concerned about any of this, we do have an incredible resource available.
It is a completely free gold and silver guide, the ITM gold and silver guide. I highly, highly recommend that you download a copy so that you always have it available. All you have to do is scan the QR or click the link in the description below to get your copy today.
And while I always say that education is the first step, it is taking action that will truly protect you against what’s coming next. So if you want to talk to one of our expert analysts who have years of experience in helping people just like you create a custom strategy to prepare for what’s coming next so that you’re not only protected but that you are in a position of opportunity on the other side, I highly, highly encourage you to do it today. Don’t wait because you don’t want to be kicking yourself thinking I wish I had done that sooner.
Again, scan the QR code, call us at the number below, talk to a member of our team and understand how we can help you. In the meantime, please share this video with anyone you think would benefit from understanding what’s going on because as we all know, the mainstream media does not like us to know what’s really happening. But there is strength in numbers and there is strength in knowledge and community.
So as always, I so appreciate you being here. Thank you so much. Apologies for my scratchy voice today.
I just thought this message was so important that I wanted to get it out to all of you. So thank you again. I’m Taylor Kenney with ITM Trading, your trusted source for gold, silver, and lifelong wealth protection.
Until next time.