derryb ✭✭✭✭✭

The cause begins at the futures exchange where the basis (spot) of physical prices is set via the demand/purchase of futures contracts. Bidding less on a paper product changes only the supply and dem… (View Post)

PM spot is manipulated by the futures exchanges, this is why they were created - to control (they say stabilze) commodity prices. They are: Former J.P. Morgan Precious Metals Traders Sentenced to Pri… (View Post)

Because the rise in the gold price is not being driven by speculators but by genuine hoarders (including central banks), any dip in the price is likely to be bought (View Post)

SILJ is the play: (View Post)

With all the celebration with gold price records it is important to realize what this means to the other 99% of your wealth. (View Post)