u/Manninagh

Im hoping to move here. Is it a nice area. Thanks

Anyone know where gold is going. Seems to be in limbo at present. So much conflicting info out there. Limbo or static is fine btw.

They dont own the gold fully. They rent it and gamble upon it. They wont be taking ownership as they have to pay in full for that. Then own it and do what? Gamblers wont pay big to look at a chunk of gold in a safe ! They will just move to another trade. If the slot machine breaks in Vegas does he go home until its fixed ???? No he moves right along to the next one.

People trading paper "thin air" are dictating the price of your physical, solid wealth. Is it time for change nd how?

Major Chinese banks are shutting down leveraged retail paper gold accounts this Friday.

With spot around $4,000, do you think this forces Chinese investors into buying real physical bullion and drains Western vaults? Or is it just macro noise? Price here in West after 24th?

Gold price continues to drop daily. What's the real reason and when will it stop?