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"disappearing gold"

razzlerazzle ✭✭✭
in Precious Metals
This Jeff Thomas article gets at the "shell game" aspects of the dual market of physical and paper gold. I'm sure many of the same dynamics are present with silver. If he's right, no one really knows to what extent the paper and the bars align. If the double-counting is occurring with gold, it may also be true with silver and account for the differences between opinions about excesses and shortages. It seems a relative certainty, though,that there will NOT BE MORE of the metal than the paper says.
Markets (governments) can remain irrational longer than an investor can remain solvent.

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    CaptHenwayCaptHenway ✭✭✭✭✭
    Is there a link?
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    JohnnyCacheJohnnyCache ✭✭✭✭✭
    Linked for the OP
    disappearing-gold
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    razzlerazzle ✭✭✭
    What johnnycache said. Sorry-I didn't look back at that last night and my google chrome doesn't allow "preview" function here.
    Markets (governments) can remain irrational longer than an investor can remain solvent.
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    Timbuk3Timbuk3 ✭✭✭✭✭
    Interesting story !!!
    Timbuk3
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