GOLD 0.51% $1,391.7 gold futures

"The POG is not linked to anything other than the ability of...

  1. 923 Posts.
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    "The POG is not linked to anything other than the ability of central bank created unallocated paper contracts."
    Great post .
    Exactly, the real price of Gold or Silver is the Physical + the Premium (may be PSLV for silver or metal from a mint).
    When the US$ looses the reserve currency the comex contract was recently rewritten to allow the fraudster to pay out the contract in Fiat $
    which will be more artificially propped a the time.
    Isn't paper to Physical 100:1.
    This is why gold is likely to rise if the LBMA has to comply with the Basil 111 rules next January.

    Last edited by stelios: 12/10/21
 
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