GoldFinger1969 ✭✭✭✭✭

You had Central Banks selling gold for 20 years...until they worked out an arrangement to limit sales, gold couldn't do anything. Every time it lifted, the CBs hit the bid...hit it again....hit … (View Post)

In their defense, it really isn't an "investment" asset class. People may hold it -- like real estate, art, or other tangible assets -- but it doesn't provide competitive, risk-ad… (View Post)

They might be trying to keep up their profit margins, especially if they "bought high." As gold goes higher, premiums dissipate. That is true for pre-1933 gold and even modern coins. I can … (View Post)

I was perusing the NY Times archives and came across this interesting article from March 1968. It followed one of those speedbumps in the international gold market and some of you who were around (I … (View Post)

A primer on COMEX and LBMA: "As the primary venue for global silver price discovery, the CME handles over 3.3 million contracts on peak days—representing roughly 85% of global paper silver trade… (View Post)