Getting It All Wrong

73
Mon, Jul 18, 2016 - 10:31am

After perusing the internet and Twitter over the weekend, I find the level of misunderstanding in the gold space to be astonishing. The paper derivative price of "gold" fell last week because of the huge rise in the USDJPY and the spike in interest rates that accompanied it. That's it. That's why. That's all you need to know.

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