The spot market has morphed into a futures market.
You pays yer money and at some point in the future you might get delivery.
If it wasn't for the pain ,you should be laughing your butt off at what is passing for free markets in todays lala land financial world
Supply and Demand missing in action ,last sighted bound and gagged in the derrivative section of la la land,shortly after Glass seagal act was repealed
POG is a fiction
Best to remember that when making decisions
Opinions and conclusions based on a fiction
are usually ficticious
Whilst our miners are still mining real gold and silver,their valuations are currently based on a fiction, within a very ficticioue market totally managed and controlled with the help of our little bot friends
The Fiat Kings may be laughing themselves silly at the moment but the strong hands will get the last laugh.
In the last five decades I have watched numbers getting bigger and bigger for everthing. Monetary supply is a standout,eventually the banksters will turn the tap off ,but even then somehow the monies have to be destroyed or withdrawn from the system before we can seriously expect to be entering a deflationary cycle
zoom zoom boom boom price inflation is a symptom of monetary inflation and you ain't seen nothing yet
behind the smoke and mirrors
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online