Chuckey
I appreciate your efforts at irony.
I have spent a quite a bit of time in consultations with central bankers in Australia and Asia between 2002-2010. They worry about lots of things, particularly about derivatives, traded credit and liquidity (funding). But they never seemed to worry about the gold market. At the time this never surprised me because I knew the precious metal risk in banks' trading books was very small compared with the risk in other markets.
Help me out here. I really want to know. Why do you think central banks care enough about the price of gold that they would want to suppress it? It is an honest question.
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