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S W
Member since May 2012
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>Gold futures market heading for crisis  - Alasdair MacLeod - Goldmoney
There is never a shortage of Gold as all of it that has ever been mined is still existence.
It is all about whether that gold will be risked for the irredeemable and increasingly worthless currencies that it is priced at.

That is in effect saying that those big players and established money who hold gold are increasingly reluctant to accept the narrowing basis between the spot and futures price.

Force Majeure is just another way of saying..."GAME OVER,STUFF YOU JOE PUBLIC"


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Beginning of the headline :I thought I had a good idea what disasters we might face in 2013, and then I saw the most recent US Commodity Futures Trading Commission’s Bank Participation Report for gold and silver. On the basis of recent BPRs these markets are heading for a crisis, which is generally unexpected. I shall break the reader in gently by looking at gold first... Read More
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