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>Jim Cramer & Deutsche Bank Agree: 'Gold Is Money' - Adrian Ash - Bullion Vault
I find reporting on gold & silver spot prices to a useless past time. The constant fluctuation of paper gold & silver isn't being reflected on the physical sites where I go to buy Gold & Silver & the fluctuations certainly are not reflected at the local dealers in these metals.
Perhaps it may be time for some of those who report the price of metals, to report the spot price for the printed paper & what the actual cost is to buy physical from places like Kitco, First Majestic , J& M etc.
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Beginning of the headline : Wholesale prices tobuy gold using US dollars or British pounds fell Thursday morning to trade just 1% below their seven-month highs of the last week. Commodity prices dropped once again with Asian and European equities, while major-economy government bonds rose after new data showed Chinese factory output falling and Europe's private-economy contracting at the fastest pace in three years... Read More
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