GOLD 0.51% $1,391.7 gold futures

there is no gold suppression scheme

  1. nk
    3,074 Posts.
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    I have never had an interest in GATA or Murphy. They dont understand how bullion is traded, in paticular they dont understand how gold is monetised , the nature of gold swaps and forwards and the relationship between the physical market and forward market. Gold is unique because as a financial asset it can be monetised . Gata sees that monetisation as increase in supply, or suppression. They are wrong.

    When a man spends his life attached to a certain view its hard to take him away from it. Pity that others follow him.

    Jeff Christain understands . he helped created the monetised gold market. Why not listen to a guy who has been extremely bullish about gold and silver ( infact his bull report on the silver market in 2000 got me into precious metals:

    http://www.cpmgroup.com/free_library/Bullion_Banking_Explained_February_2000.pdf

    http://www.cpmgroup.com/free_library/Gold_Forwards_Presentation_November_2003.pdf
 
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