GOLD 0.51% $1,391.7 gold futures

gold really is a massive tease, page-2

  1. 1,097 Posts.
    lightbulb Created with Sketch. 9
    Interesting that they are taking delivery!

    The Perth Mint has this to say on its Website:-

    Clients worried about potential delays in collecting metal in extreme circumstances, but with concerns about the cost of allocated storage, usually take a staged approach:

    1. While the world environment is benign, they hold unallocated. They do not incur ongoing storage costs and fabrication charges.
    2. When the environment becomes uncertain and risky, they convert to allocated.
    3. When the world is at a crisis point, they take delivery of their physical metal.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.