Don Draper from Nantucket Offer Upgrade
User ID: 57553864 United States 03/25/2020 11:27 AM
Report Abusive Post Report Copyright Violation | CME urged to change PHYSICAL GOLD DELIVERY RULES amid market "BREAKDOWN" [ link to www.zerohedge.com (secure)] Over the past decade, one of the most fascinating observations in the world of precious metals has been the bizarre decoupling in the supply/demand dynamics and thus pricing, between paper and physical gold. And, as we detailed yesterday, that decoupling has become extreme. A surge in demand for physical gold - that results in precious metal vendors and exchanges becoming sold out in very short notices - has created shortages in some geographical locations that is stressing gold markets drastically. Don't take our word for it. Even the venerable Financial Times reports that traders have reported and lamented a growing global shortage of gold bars, as the coronavirus outbreak both disrupts supply and stokes demand, "with one business comparing the frenzied buying of the yellow metal with the consumer rush for toilet roll Last Edited by Don Of N*******t on 03/25/2020 11:28 AMPLATA BITCHEZZZZZZ
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The Rolling Stones said it best...
"What's confusing you is the nature of my game" |
Don Draper from Nantucket (OP)
User ID: 57553864 United States 03/25/2020 11:35 AM
Report Abusive Post Report Copyright Violation | Re: CME urged to change PHYSICAL GOLD DELIVERY RULES amid market "BREAKDOWN" "No matter whether they approve it or not, there are serious cracks starting to appear in the paper gold markets as the world reaches for 'money' as The Fed explicitly admits to infinite dollar debasement capabilities." PLATA BITCHEZZZZZZ
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The Rolling Stones said it best...
"What's confusing you is the nature of my game" |
Anonymous Coward User ID: 78022619 United States 03/25/2020 11:35 AM Report Abusive Post Report Copyright Violation | Re: CME urged to change PHYSICAL GOLD DELIVERY RULES amid market "BREAKDOWN" Fuck those crooks.
No one trusts the CME or the LBMA.
Good luck on them getting trust back.
It will go to the Shanghei or just to physical. |
Don Draper from Nantucket (OP)
User ID: 57553864 United States 03/25/2020 11:37 AM
Report Abusive Post Report Copyright Violation | Re: CME urged to change PHYSICAL GOLD DELIVERY RULES amid market "BREAKDOWN"
Fuck those crooks.
No one trusts the CME or the LBMA.
Good luck on them getting trust back.
It will go to the Shanghei or just to physical.
Quoting: Anonymous Coward 78022619 Truly unbelievable times we are living eh? PLATA BITCHEZZZZZZ
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The Rolling Stones said it best...
"What's confusing you is the nature of my game" |