Just saw this post on ZH re:- price manipulation thoughts?
Where is the evidence that paper gold dictates the price of physical gold, not the reverse?
At any given time, I can go to eBay or elsewhere and buy or sell physical gold bars, such as PAMP Suisse .9999.
The trade is between willing buyer/willing seller. The physical gold is on my doorstep in a couple of days.
Where's the problem?
All I see is a lot of words signifiying nothing
https://www.zerohedge.com/news/2015-10-17/smoking-gun-silver-gold-manipu...
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To which I replied.......
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Paper 'gold' doesn't dictate the price of physical per se....... rather, dilutes it.
Gold is rented out many times over to mugs who think the system isn't a fraud. They own paper that says they own gold.
The suppression is the difference between the total money spent on paper gold against the actual gold.
I think true honest Christianity and Islam would have outlawed this tax payer underwritten gambling / fraud years ago ...... now it seems only wicked ISIS people are prepared to outlaw it.
