Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label synthetic gold carry trade. Show all posts
Showing posts with label synthetic gold carry trade. Show all posts
23 February 2016

NAV Premiums of Certain Precious Metal Trusts and Funds - Capture and Crash

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The gold/silver ratio is about 80 which is historically very high. I believe that this is attributable to the price leadership of gold be...
21 January 2016

Another Year of Insubstantial Gold Trading in the New York Market

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Looking back, it is evident from the charts below that 2015 was another year of decline for physical gold deliveries in New York.  This is...
19 November 2015

Gold Daily and Silver Weekly Charts - Gresham's Law, Mispricing of Risk, & the Synthetic Gold Carry Trade

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"Gold is unique among assets, in that it is not issued by any government or central bank, which means that its value is not influenc...
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