HSBC Lost $200 Million In One Day “On Paper” As Coronavirus Dislocated Gold Market
Due to an “unprecedented widening” of gold Exchange for Physicals…
Continue readingCOMEX gold futures
COMEX 600 vs 1 oz Gold Price Discovery Era
With less than 10 million oz of physical gold bullion, the COMEX is still able to mostly dictate the world’s +6 billion physical gold bullion ounce prices…
Continue readingGold In London & Hong Kong Is Used To Settle COMEX Futures
Koos Jansen explains how Physical gold located in Hong Kong and London is used to settle COMEX gold futures contracts through “Exchange For Physical” trading in the over-the-counter market.
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