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DiggerUK
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Dark Gold: Shedding Light on a Mysterious Market

- Peter Schiff - Euro Pacific Capital

An essay based on speculative thoughts, plus a few inconsequential facts, is junk knowledge to fatten up zerobrainers.
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Commented 3732 days ago

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Beginning of the headline :Gold is the simplest of financial assets - you either own it or you don't. Yet, at the same time, gold is also among the most private of assets. Once an individual locks his or her safe, that gold effectively disappears from the market at large. Unlike bank deposits or stocks, there is no way to tally the total amount of gold held by individual investors.I like to call this concept "dark gold." This is the real, broader gold market that exists below the surface-level transactions on the major ex... Read More

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