"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
No one sells that amount of physical gold.
Probably not, but they do sell that amount in paper gold quite frequently, just as they do in the other commodity markets.
All of this information about acute shortages of physical gold relative to demand is well documented.
Why hasn't anyone on this board mentioned shortages?
there really is no true market for gold, just a rigged game
And this is a market so many fervently and religiously participate?
The gold rally that began on Dec. 15, 2016, is poised to continue despite the trauma of the flash crash.
Quite dramatic!!!! A $10 drop is traumatic? Must be quite a fragile market. Imagine if someone wrote about every $12 stock that dropped 10 cents.
Hopefully time will bail out the gold prognosticators, many are looking more aged.
Comments
I've never seen a werewolf , but I keep silver bullets just in case.
A tale of two gold markets
"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
No one sells that amount of physical gold.
Probably not, but they do sell that amount in paper gold quite frequently, just as they do in the other commodity markets.
All of this information about acute shortages of physical gold relative to demand is well documented.
Why hasn't anyone on this board mentioned shortages?
there really is no true market for gold, just a rigged game
And this is a market so many fervently and religiously participate?
The gold rally that began on Dec. 15, 2016, is poised to continue despite the trauma of the flash crash.
Quite dramatic!!!! A $10 drop is traumatic? Must be quite a fragile market. Imagine if someone wrote about every $12 stock that dropped 10 cents.
Hopefully time will bail out the gold prognosticators, many are looking more aged.
Knowledge is the enemy of fear