morning,
"Where are all the gold bulls soaking up supply?
Thought they'd welcome the opportunity to buy more of the precious stuff at a lower price."
they are buying - but they are buying physical.
they AREN'T getting delivery immediately.
They are also trying to secure supply - there is a lot of movement.
Isn't it pretty obvious that the 'price' is about bits of paper - no relationship to the real thing at all?
If people want to buy or sell bits of paper that are supposed to represent gold but are backed by only a very small percentage of the real stuff - then they are fools waiting on a trainline.
Why in the name of god would you by a gold backed security when that organisation only holds 5 or 10%'s worth of the paper value in real gold?
And how the hell can authorities allow it?
Guess what happens when you get a run on a bank?
I don't know how or when this scam will be up - but when it is, the end result will be a hell of a mess.
have a great day all
Pinto
have a great morning all
Pinto
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