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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Precious metals bullion banks making a killing by killing sentiment

Posted on 25 October 2013

After expanding debt by more than $8 trillion and printing at least $85 billion per month, monitoring the “price” of practically anything is a risky option. Among other distortions created by price controls, sentiment is particularly vexing for the precious metals market.
First off, the banks that determine prices are trading houses that go months at a time without a trading loss. Second, the sample used to measure sentiment is based also on an entirely paper affair………………………………………..Full Article: Source


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VRS - who has written 37037 posts on Opalesque Commodities Briefing.


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