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Darankash
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(angl) Why Does The "Paper Gold" Price Track The Physical Gold Price ?

- Keith Weiner - keith weiner

To Goldgirlme
To tell you that Karandash gave you a thumb up.

re: wong tak says sorry (Jan Johnson)
Trade LYC with
Forum: ASX - By Stock (Back)
Code: LYC - LYNAS CORPORATION LIMITED ( 61.5c | Price Chart | $1,170.02M | Announcements | Google LYC)
Post: 9052524
Reply to: #9052514 from GC_Trekker Views: 238
Posted: 09/02/13 05:25 Stock Price (at time of posting): 61.5c Sentiment: Hold Disclosure: Stock Held From: 101.103.xxx.xxx

The Hotcopper message board. That's what I'd like to see on this message board. Every message gets a number. If you get a reaction you know whom it comes from. Do I care now whether I get 10 arrows down. I'd like to know who is behind them.

Post: 9052524
Reply to: #9052514 from GC_Trekker Views: 238

Commented 4097 days ago

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Beginning of the headline :It's curious, isn't it? So-called "paper gold" (a futures contract) has a price that is not only very close to physical gold, but it remains locked to it. This is despite the fact that "paper gold" is reviled in the gold community. I am writing this on Sunday evening with little liquidity in the market, and yet spot gold (XAU) is 1665.80 and the December future (GC Z3) is 1674.40... Read More

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