This is Going to Break the Derivative Paper Pricing Scheme – Craig Hemke

smashThe speculators trading the paper derivative is what is allowed to set price, and that is absolutely breaking everything. For my specific purposes, it is going to break the derivative paper pricing scheme, as well. We can’t wait for that to come because the price is not going to be discovered to be $1,360 per ounce at that point.  I know how this is going to end…

 

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