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Gold trades more than most other financial markets

derrybderryb Posts: 36,948 ✭✭✭✭✭
edited November 15, 2018 7:56AM in Precious Metals

The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

Comments

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Interesting information, thank you for sharing !!! :)

    Timbuk3
  • blitzdudeblitzdude Posts: 5,967 ✭✭✭✭✭

    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™.
    BOOMIN!™

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Thanks for the information.... I was not aware of this.....Cheers, RickO

  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭

    I am schooled! Wow, did not know that. Picked up JNUG in the $6's. GLTA

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    Didn't see Wilshire 5000 on the list.

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 19,188 ✭✭✭✭✭

    @Baley said:
    Didn't see Wilshire 5000 on the list.

    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.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    "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.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,948 ✭✭✭✭✭
    edited November 17, 2018 7:11AM

    @cohodk said:

    @Baley said:
    Didn't see Wilshire 5000 on the list.

    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.

    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.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • cohodkcohodk Posts: 19,188 ✭✭✭✭✭

    @derryb said:

    @cohodk said:

    @Baley said:
    Didn't see Wilshire 5000 on the list.

    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.

    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.

    I think the explanation is quite plain and clear.

    If you cant understand it then you're an idiot.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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