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Who's Buying all this Gold?

SpoolySpooly Posts: 2,108 ✭✭✭
in Precious Metals
Who's Buying all this Gold?


What does everyone think of this report?
Si vis pacem, para bellum

In God We Trust.... all others pay in Gold and Silver!

Comments

  • OzzyAndyOzzyAndy Posts: 344
    Looks like a big stretch to link the sale of out of the money calls and China devaluing their currency, could really be anything. Remember seeing an interview with a hedge fund manager a few years ago that they would do things like buying a huge amount of cheap out of the money options that people would see and it would get people speculating that someone had inside info, then the market would move in favour of other positions of theirs.
    Still thinking of what to put in my signature...
  • derrybderryb Posts: 37,298 ✭✭✭✭✭
    central bank buying? Looks like it's time for a gold margin requirement increase.

    Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards

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