GOLD 0.51% $1,391.7 gold futures

barclays bank fined £26m for gold fixing, page-13

  1. 7,423 Posts.
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    All4One is capable of believing anything...

    "I think anyone who has been following the Gold story for the last couple of years was pretty much convinced that a lot of contracts are created out of thin air and used to manipulate the POG."

    How does that work?

    If I created a contract "out of thin air" for you to pay me $10,000, would you honour it?

    Of course not!

    Financial contracts - physical or derivative - have two willing parties: a buyer and a seller. You can't have open sold contracts without matching open bought contracts.

    All4One is attempting to manipulate reality to explain events he doesn't understand.
 
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