Sat, Oct 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

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


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031