Thu, Sep 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

‘Gold covering’ and the price paranoia: Why $50,000 Gold is nothing!

Posted on 03 July 2013

The matter goes out of control when the person who has leased out the gold turns out to be a Central Bank. The Central Banks which have gargantuan reserves in gold have not parked it idle locked away in bullion vaults.
They lease gold and the kind of amount they lease is almost a state-secret! What would they do when they find it out that gold has sky-rocketed to insane levels and they could not get that gold back?………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 36970 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930