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Why is there such a discreptency between TV business news gold pricing and Coinflation?

AUandAGAUandAG Posts: 24,485 ✭✭✭✭✭

Watching FOX business and it show gold at 2036 and yet Coinflation has it at 2016. What gives and how can they be different? Bloomberg is at 2017. Is FOX live ticker lagging and is this common?
bob :)
vegas, baby!

Registry: CC lowballs (boblindstrom), [email protected]

Comments

  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    Perhaps, you should be watching CNBC >:)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • I see spot (futures) at 2014 and COMEX GC contract at 2017 currently.

    News tickers can be delayed quotes, but it's been at least an hour since gold was in that range. Were you watching a tape delay broadcast?

    Yelling at clouds on pmbug.com

  • BochimanBochiman Posts: 25,278 ✭✭✭✭✭

    The broadcast brings people in and then coinflation used as "buy" range (then subtract from that) for dealers?

    No idea unless broadcast isn't using real data. Though, I have noticed that coinflation sometimes is NOT accurate. A couple of weeks again, the coinflation app wasn't working either.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • psuman08psuman08 Posts: 217 ✭✭✭

    I think it has to do with what month future they are displaying.

  • AUandAGAUandAG Posts: 24,485 ✭✭✭✭✭

    Thanks all, just wanted a true source for accurate numbers. I guess there isn't one.
    bob

    Registry: CC lowballs (boblindstrom), [email protected]
  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    @AUandAG said:
    Thanks all, just wanted a true source for accurate numbers. I guess there isn't one.
    bob

    I use KITKO 's "live silver prices." currently @ $22.75 up 10 cents....2:15PM EST.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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