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Total U.S. gold supply for 2012-2014 was 1,979 mt versus total demand (including exports) of 2,415 mt, resulting in a net deficit of 436 mt (whopping 14.1 million oz). ...
... gold from institutions, banks or the looting of the GLD ETF, was necessary in order to supplement this massive 436 mt U.S. gold deficit.
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More: https://srsroccoreport.com/dollar-deathbed-dynamics-u-s-suffers-2-year-gold-mine-supply-deficit/
