Yeah good we have both.
with POG bound to range trade between 1750-2000 USD this year it's important to have this diversification.
three scenarios might happen with tha gold price.
there is evidence that institutional traders are taking positions unhedged.
so as a futures trader that means ya don't have tha physical close by to settle. So if prices rise and ya have to deliver then ya have to go to tha spot market and chase it. Then we could see an explosion in the POG.
as a physical trader if ya don't have futures then if prices collapse ya left holding a massive loss.
Implosion
or tha POG might remain rangebound and these unhedged wallys get a free ride again!!
Yeah good we have both.with POG bound to range trade between...
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