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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (155247)3/25/2020 1:57:09 PM
From: sense2 Recommendations

Recommended By
Dr. Voodoo
pak73

  Read Replies (1) | Respond to of 220247
 
a lockdown is occurring in two biggest gold hubs in the world, New York and London, so many traders are working from home. "This has caused a breakdown in the marketplace", he said.


“There is no price discovery in the market right now,” he said Tuesday morning.


LOL!!! So, I can trade from my computer at home... just fine... but the "pros" can't work from home and still... rig the market they way they're used to doing ?



The problem isn't that there is no price discovery... the problem is that there IS price discovery... but they don't like the price that ACTUAL TRANSACTIONS IN METAL are imposing as "the price".



And so, under pressure from the London Bullion Market Association (LBMA) and several major banks that trade gold, the CME Group has reportedly changed its contract-delivery rules to allow gold bars in London to be used to settle its contracts to ease disruption to trading.


Yeah... trust us... its there... i just saw it... so, you got physical delivery... you're a gold owner !!!


You might as well "settle" it on the moon... whose to say you didn't ?