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.
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
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.