Seeking Alpha

Doc 224899 » Comments » Single Comment |

  • Is the Price of Gold Being Supressed? [View article]
    Who will be the first big player to figure out that COMEX gold contract options can be a profitable way to take delivery of physical gold for resale? When will it be actually be done?

    Given the 18 to 20% premium above spot prices that physical gold is selling for, and the increasing difficulty of finding physical gold to buy, and the increasing demand for physical gold from countries in the Middle East, and central banks in the EU suspending their scheduled gold sales, somebody is inevitably going to make a tidy profit from taking delivery of COMEX gold, and then selling it to the highest bidder. Who will it be?

    The only trouble would be figuring out how to hold onto the profits. Do you hold dollars, or yuan, or a basket of currencies? Do you hold gold or silver or corn? Decisions, decisions, decisions.....
    Nov 23 13:52 pm |Rating: 0 0
All Comments by Doc 224899 »
Comments by Ticker
AAUKY.PK, ABAT, ABGOF.PK, ABT, ABX, ACE, ACI, ACXIF.PK, ADS, AEM, AET, AFK, AGIGF.PK, AIG, ALU, AMED, AMGN, AMLN, AMN, AONE, APC, APOG, APWR, ASA, ASO, ATHN, AU, AUY, AVGN, AXP, AXPW.OB, AZK, AZN, BA, BAC, BC, BHI, BHP, BIEL.PK, BJ, BMY, BP, BRE, BRK.A, BSX, BTK, BTU, BVN, BWEL, C,
Doc 224899's
Comments Stats
240 comments
Rating: 431 (689 - 258 )