Paper gold in a manipulated market. I'm not cashing out my physical at this price and I doubt many others are.
Paper gold in a manipulated market. I'm not cashing out my physical at this price and I doubt many others are.
Those markets are connected.
Those markets are connected.
I'm not sure any markets are connected to reality in current year of clown world
I'm not sure any markets are connected to reality in current year of clown world
They do often defy logic.
They do often defy logic.
While you are right to hold on to your physical, you should watch the spread between them. When demand for physical goes up so does the spread, but when it goes down so does the spread. Right now we have a higher than normal demand. If you think that this demand will decrease at some point, but before there is an event that causes paper to become detached from physical, then it might be better to temporarily buy paper and trade for physical when times are normal again.
While you are right to hold on to your physical, you should watch the spread between them. When demand for physical goes up so does the spread, but when it goes down so does the spread. Right now we have a higher than normal demand. If you think that this demand will decrease at some point, but before there is an event that causes paper to become detached from physical, then it might be better to temporarily buy paper and trade for physical when times are normal again.
(post is archived)