Monday, November 18, 2013

Rigging the Gold Market

Thanks to Pinnacle Digest for this concise look at the blatant manipulation of the metals markets.

While the exact amount is unknown, paper gold supply greatly exceeds physical. The fact that we have a paper gold system tells you just how distorted things have become.  In reality, the paper gold market is no different than a fractional reserve banking system, where there is many times more paper contracts in circulation than there is actual physical gold.

Rigging the Gold Market -- via Pinnacle Digest

No comments:

Post a Comment