Alasdair Macleod – There Is A Physical Panic In The Gold Market

Discussion in 'Gold' started by ozcopper, Apr 18, 2020.

  1. ozcopper

    ozcopper Administrator Staff Member

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    Physical Gold Panic
    April 18 (King World News) – Alasdair Macleod: “The people with big money in places like family offices are beginning to understand what is happening to money and the lack of (physical) gold there is available. This is a physical panic, if you like, underneath. And I just wonder what the real price is because we’re not getting proper price discovery. When you see huge premiums on the Comex vs the spot price in London, that’s not price discovery at all. It’s just not happening. And the idea that it can be sort of be ironed out by exchange for physicals — that has died a death as well. There was huge turnover in the exchange for physicals earlier this year but that has now dropped right off and is hardly featured. So basically, Eric, the market is broken…to listen to one of Alasdair Macleod’s most important audio interviews ever where he discusses the perfect storm in the gold market and why “this time the situation is infinitely worse” CLICK HERE TO LISTEN
     
  2. betterinvestmentthanshare

    betterinvestmentthanshare Active Member

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    Sounds very familiar............................property market, share market and every other market.
    Bubbles are bubbles regardless of sector. Greed doesn't discriminate.

    Im thankful for the tip a very wise man offered.
    "Plan when to jump in and most importantly plan when to jump out"
     

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