GOLD 0.51% $1,391.7 gold futures

The rules of various exchanges are stacked against gold metal...

  1. 4,526 Posts.
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    The rules of various exchanges are stacked against gold metal proponents in that they give paper money pushers unfair advantage.

    For example take gold futures trade: if you are buying gold futures you are required to put down x% of paper dollars, and if you are selling gold futures you are ALSO required to put down x% paper dollars.

    If you are selling dollars for gold, you put dollars down as deposit; if you are selling gold for dollars, you should put down gold as deposit. that's a fair game.

    One simple rule change will bankrupt all these short gold sellers: gold sellers should be required to put down x% of real gold metal as downpayment/deposit.

    As the LBMA survey has revealed, today the LBMA had net sales in one quarter of 7,575 tonnes of paper gold. That’s a gross increase in the amount of paper gold in existence over only three months. 100:1 actually seems conservative in this light. (source: http://www.lbma.org.uk/assets/Loco_London_Liquidity_Surveyrv.pdf). This fake supply of this mountain of gold greatly distorted the true price of gold.

    This shell game can not, and will not continue. The end is not very far away. Be patient.
 
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