comex versus paper explained, page-3

  1. 1,860 Posts.
    mickeyduncan's boat is in dry dock for seven days (profanity on the SBM thread)

    so no more of his on-the-nose burley going to be thrown around here for a while then

    regarding this thread and NY paper gold versus the real thing:

    I'm thinking that when MCO produces gold in a month or so they should sell it on eBay because 1 oz bars are selling there for more than about A$1600 and well above spot

    the other alternative for MCO is to sell concentrate to an independent refiner, who seem to be buying above spot (btw, not to Perth Mint's refiners who stick to basis)
 
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