GOLD 0.51% $1,391.7 gold futures

It is an interesting read. It repeats the old saying that "Gold...

  1. 385 Posts.
    It is an interesting read. It repeats the old saying that "Gold is no one's debt or obligation". I've never understood this: can anyone explain it to me? Surely a piece of gold can be someone's debt or obligation the same as any other asset? e.g when a gold mining company sells it forward.
 
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