Hi Bruce
Some of the investment gold is in the form of certificates with no physical backing, so its purchase and sale only has the potential to debit or credit the issuer, and will not affect the physical market.
How much certificate gold has been issued and the paper loss or gain are the big unknowns.
Billy
- Forums
- ASX - By Stock
- GOLD
- global gold demand slumps
global gold demand slumps , page-3
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales