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8 results for “strip ratio mining” in Markets
Markets · 11 September 2026
The Last Audit: What We Actually Know About the World's Official Gold
…cated staff, secure logistics for moving bars within a vault, and a shutdown of normal operations in the sections being counted. · Statistical sampling and assay · Because drilling every bar to test its interior is neither necessary nor desirable, auditors work from statistical s…
Ingrid Sørensen · 22 min read

Markets · 6 August 2026
Why Central Banks Started Buying Gold Again
…ding metal has always been defended on grounds that sound, to an asset manager, faintly irrational. · ~1/5 Share of above-ground gold held by the official sector 1999 First Washington Agreement caps coordinated European sales 2010 Official sector turns net buyer for the first tim…
Ingrid Sørensen · 14 min read

Markets · 18 August 2026
The Vault Beneath the City
Beneath the Bank of England and beneath lower Manhattan sit two of the largest concentrations of monetary gold on earth, moved between anonymous compartments by a handful of porters who never touch the metal with bare hands. This is how sovereign gold is actually stored, audi…
Ingrid Sørensen · 22 min read

Markets · 20 June 2026
Bring It Home: Central Banks and the Great Gold Repatriation
For half a century it was rational to store your gold in someone else's basement. Then the calculus of counterparty risk changed, and reserve managers started chartering aircraft. · Overseas custody was a Cold War co…
Ingrid Sørensen · 14 min read

Markets · 8 August 2026
Moving Bullion: The Logistics Nobody Prices
…ecify approved carriers, sealed and manifested consignments, and pre-cleared customs declarations, usually as belly cargo on scheduled flights between hub airports with dedicated valuable-cargo handling. Sanctions screening and export licensing checks happen before the shipment m…
Ingrid Sørensen · 15 min read

Markets · 8 September 2026
The Real-Rate Trade: Why Gold Moves When Bond Yields Do
…e as a pure play on the inverse of the US sovereign real interest rate. For an entire generation of market participants, this was the bedrock of bullion analysis, providing a clear and reliable signal in an otherwise noisy financial landscape. · That slide is now out of date. Bet…
Ingrid Sørensen · 25 min read

Markets · 17 August 2026
Paper Gold: What You Own When You Do Not Own Bars
…econd. · The costs that decide long-run outcomes are the ones nobody quotes: fund expense ratios, futures roll, storage, and the bid-offer spread on physical coins. · Logistical friction, such as the 2020 EFP dislocation, proves that the link between paper and physical is not a m…
Ingrid Sørensen · 23 min read

Markets · 2 August 2026
Who Actually Sets the Gold Price
…way, a persistent Shanghai premium is a demand signal, and a persistent discount is a saturation signal. Traders who watch the physical market treat these numbers as one of the few honest, unmodelled inputs available, precisely because they cannot be produced by sentiment. Somebo…
Ingrid Sørensen · 16 min read

