jmski52 ✭✭✭✭✭
Reactions
-
Re: I never thought I'd see the day Metals would behave like a Cryptocurrency
Selling paper that isn't backed by a real commodity is no different than creating fiat money backed by nothing. (View Post)1 -
Re: I never thought I'd see the day Metals would behave like a Cryptocurrency
What wou.d cause the cost of all this physical metals to plunge this way? Nothing. This is all paper manipulation._ The usual suspects. Still over $120 in Shanghai. Oh, you mean the physical market. … (View Post)2 -
Re: If you are not yet up you might want to just stay in bed this A.M...................................
@cladking said: It's not going to settle anywhere. It might languish for days in some wide range at this or lower levels but then the supply of 999 bars will falter again. There are only buyers … (View Post)2 -
Re: Is there an "official" price of gold?
Back in the day, before the internet was in wide use, how did dealers keep track of the live spot price? Call in every hour or some other method? I think that there was a service called "teletra… (View Post)2 -
Re: How are the shops doing?
$69 BUY / $82 SPOT = 84% of SPOT or 16% Discount from SPOT. My exact post was this: Scotsman is buying/selling 90% only during the hours when it can be hedged. Currently for 100 oz. quantities their … (View Post)3