Kingpins
"The sooner there is a division of paper against hard metal and two prices are quoted the better we will all be",
There is a division of prices for "paper" gold (futures) and physical gold. They are quoted separately in their specific markets. But because COMEX gold futures contracts are deliverable, "paper" and metal trade at the roughly the same price. This has always been the case, and it always will be.
Get over it.
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Why won't the miners fight back?, page-23
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