The price capping in the precious metals is particularly obvious, and may be associated with a key FOMC meeting announcement on Wednesday.
Given that there is a steady offtake of physical supply the antics do not matter so much to the longer term.
"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11
16 September 2013
NAV Premiums of Certain Precious Metal Trusts and Funds
The price capping in the precious metals is particularly obvious, and may be associated with a key FOMC meeting announcement on Wednesday.
Given that there is a steady offtake of physical supply the antics do not matter so much to the longer term.