09.12.2014 - Is There A Gold Shortage?
Gold bulls are making a big deal out of negative Gold Forward Offer Rates (GOFO) rates, and they think this means there is a shortage. This simply isn't the case, and the panicked scramble to get physical gold--while something to fear in the near future--simply doesn't exist. There are, however, other signs that it is beginning, and GOFO may be a useful tool in predicting this in the context of additional information...............................................Full Article: Source
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