Gold trades more than most other financial markets
derryb
Posts: 36,823 ✭✭✭✭✭
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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Interesting information, thank you for sharing !!!
Crazy part is if it had to trade in actual physical form it wouldn't even make the graph. Long live the paper ponzi scheme.
The whole worlds off its rocker, buy Gold™.
Thanks for the information.... I was not aware of this.....Cheers, RickO
I am schooled! Wow, did not know that. Picked up JNUG in the $6's. GLTA
100% Positive BST transactions
Didn't see Wilshire 5000 on the list.
Liberty: Parent of Science & Industry
And you wont, because like all other BS that ZH publishes and is disseminated by derryb, this is purposely misleading. You see, "they" show the notional value of derivatives trading of gold but not the physical trading. While "they" provide the physical trading of equities, but not the notional value of equities trading. Fact is, the notional value of trading in equities is nearly $400 billion per day. http://www.cboe.com/blogs/options-hub/2018/07/03/growth-in-use-of-s-p-500-options-at-cboe-over-35-years---spx35-blog-2 Add that to physical trading and equities trade nearly 3x more than gold every day and probably much more than that as I imagine the info on gold trading is incorrect and exaggerated as well.
Ask yourself why "they" must always mislead you.
Knowledge is the enemy of fear
"Ask yourself why "they" must always mislead you."
Similar to what you get from reading the scandal Magz. at the grocery check out line... B.S. sells, even if it's only partial
or selective truthful.
There are many, many equity indexes not shown. The two biggest indexes are shown and they trade less volume daily than gold. Chart clearly states "trading volume" as the metric.
Typically coho MO - when you can't disprove what is said, attempt to distract by attacking the source. Suck it up buttercup, facts are facts even if you don't like them or where they come from.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I think the explanation is quite plain and clear.
If you cant understand it then you're an idiot.
Knowledge is the enemy of fear