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Just how big and how important is the London gold market?

derrybderryb Posts: 36,779 ✭✭✭✭✭
in Precious Metals
Pretty big and very important to price discovery

Largest gold market in the world.

"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

Comments

  • jmski52jmski52 Posts: 22,814 ✭✭✭✭✭
    5% accountability. Any price level is possible as long as physical delivery is out of the question and contracts are settled with cash that can be printed on demand.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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