Economist John Adams (https://adamseconomics.com/) discusses his extensive investigation into the bullion industry, focusing on the practices of ABC Bullion and the role of the Australian Securities and Investments Commission (ASIC). He reveals alarming details about fractional reserve schemes, whistleblower testimonies, and the systemic corruption within regulatory bodies. Adams emphasizes the importance of investor education and due diligence to protect against fraudulent practices in the precious metals market.