Jumat, 23 Desember 2011

Jim Willie: Paper and Physical Gold Price Divergence, COMEX On The March To Irrelevance

From MarketOracle, Dec 21, 2011

By: Jim_Willie_CB



Divergence between paper gold and physical gold price is happening, the process begun. Actual physical shortages have kept the price up. The naked shorting of futures has kept the paper price down. The fraud cases and lawsuits, with no hint of prosecution, provide the levered force to create much wider divergence, as traders and entire firms
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