Hi there Hercules
"You truly believe a majority of the selling is physical?"
The majority is irrelevant. Price movements in gold are not decided by a popular vote!
I truly believe that the volume of physical gold for sale is greater than the volume of buying interest for gold. If that wasn't true, the price wouldn't have fallen as it did.
The ratio of derivative or EFT transactions to physical transaction is irrelevant. The three markets are locked together.
GATA are good for a laugh...
- Forums
- ASX - By Stock
- GOLD
- the puke indicator
the puke indicator, page-87
-
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
Previous Video
Next Video
SPONSORED BY The Market Online