I’m not sure I really understand this post. But to the extent I might, I think the author, who styles himself “FOFOA”, is claiming that we are already experiencing an historic bank run with respect to what is often termed “physical gold”. Physical gold contrasts with the “paper gold” or perhaps “virtual gold” that is most often traded on “markets”, although last time I checked I thought the London market was different.
I’m going to have to re-educate myself on some of these gold-monetary dynamics before I can speak coherently about this. But in the meantime, I highly recommend the linked post to those readers who might have some background in markets and trading.
Of course this may have relevance to the little 28th amendment project I’ve been engaged in, so it is likely I will have to delve deeper into this at a later time.