Silver and Gold bugs_Shanghai VS Comex pricing model
Hi Steemers,
For those of you interested in trading gold and silver assets. (i.e. physical metal, mining stocks or derivatives of the underlying price of precious metals ). As you all are probably aware the Shanghai gold exchange opened in April of 2016. Since then the "paper markets" for these assets are behaving differently. Most believe that the reason for this is the big banks can no longer "totally" control the prices by blatant shorting of the COMEX futures in the USA.
The big question for gold investors (like me) is when will this house of cards come down?
For those interested in this I found a tool that might be of value to such investors at :
It appears to monitor the pricing differential between the paper markets and the shanghai exchange.
I would appreciate any comments as to the value of this type of post. It is my first.
Interesting post and deserves an up-vote. Following and looking forward to reading more of your stuff. Made a few posts on GOLD and SILVER. You may find them interesting to read. You can also catch us Twitter✔. Cheers. Stephen