NYSE Runs Out of Gold Bars: What Happens Next? [View article]
Seems to me that, if we had a FREE MARKET, the price of gold would have already soared to the new equalibrium point where real supply met actual demand. Instead, Gold's price has been artificially suppressed and the proven inventoried/audited supply kept a secret... And, because enough Gold Bugs have smelled this manipulation and were wise enough to take action, they have been buying...to the point that their purchases may have exceeded real supply.
On Mar 27 11:58 AM waldipup wrote:
> Is the volume of mini contracts so substantial that paper receipts > make a difference? > > Running out of a product is not the main issue - > > Running out of gold bars per se is. > > A "shortage" of a specific product is transactional in nature only > , not a true "default" scenario. > > An overall shortage of gold is .
NYSE Runs Out of Gold Bars: What Happens Next? [View article]
On Mar 27 11:58 AM waldipup wrote:
> Is the volume of mini contracts so substantial that paper receipts
> make a difference?
>
> Running out of a product is not the main issue -
>
> Running out of gold bars per se is.
>
> A "shortage" of a specific product is transactional in nature only
> , not a true "default" scenario.
>
> An overall shortage of gold is .