GOLD
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0.51% $1,391.7 gold futures

for every ounce of gold out there that actually exists , there...

  1. Skol
    33,106 Posts.
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    06/07/20
    05:48
    Post #: 45657900
    for every ounce of gold out there that actually exists , there could be 100,,,,,1000 ounces of gold that have been lent out based upon .... nothing !
    ============

    That applies to almost everything. Got a mortgage? Ever borrowed money to buy a car? What about gold mining shares?

    What about the futures market?

    https://www.wsj.com/market-data/commodities
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    lightbulb Created with Sketch.  Great analysis
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