H sez: Gold=controlled by only 2 varibles: Supply, Demand. WRONG!
You are WRONGWRONGWRONGWRONGWRONG...DEAD WRONG!
Gold PRICES are NOW controlled by 4 variables
1) Physical Gold Supply Available for Delivery
2) Physical Gold Demand Needed to be Delivered
3) Value of Time
4) Cost of Money
The POG of gold is CURRENTLY controlled by SYNTHETIC SUPPLY of paper
gold pricing transactions, and not the physical exchange of gold. The cumulative result of paper gold trading affects what us physical gold players receive for our product.
Deriv Players buy what you don't take delivery of and sell what we don't own. We participate in a parallel world that negatively affects the PRICE of GOLD.
Currently paper players have sold approximately 14,000 TONS of something owned and can't MAKE delivery of if collective lives depended upon it. That is pent up demand if I ever saw it and it will correct this oversold condition eventually.
You deal in paper time and cost of money, via gold options and claim you never lose, Hutch. I'm not that arrogant. I've won at options and lost money in options.
I deal in physical gold with costs less than $20 per oz.
And everyone can see and do the simple math I engage in.
$290ish T/oz selling price,
minus $20 T/oz acquisition/refining cost.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
PURE PROFIT EACH AND EVERY TIME
You call my declarations: self-promotion; I call it simple math examples.
I state it clearly what I do:
I prospect for, locate, and accumulate/gather gold;
I sell what I find and/or recycle for MORE than my acquisition costs,
EACH AND EVERY TIME
You put me down for participating in physical gold capitalism and speaking frankly about it WHEN ASKED OR CHALLENGED on this forum because it seems impossible to do: Buy/find/recyle for such a low LOW price and sell the physical product so high.
worldaccessnet.com
for more information regarding cheap gold
....Oh, and thanks for inviting me to your new kingdom, Hutch.
*a repost of an earlier rebuttal to Hutch's edited post on Gold Price Monitor "Piss-A-Thon" as giraffe touted earlier today. |
