The Comex is a Sideshow!

I found this quote on a blog called http://fofoa.blogspot.com/ and I thought it was very interesting.

What do you think?
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Gold is now caught in a crossfire of world thought.
The traders are viewing it as a commodity and trying to
make money on its moves using various paper trading vehicles.
Their opinion of the market is flawed because the
"real value buyers" would never deal with these people
or let anyone in that circle know they are buying gold as "money"!
The major buying and selling is between CBs, nations,
merchant banks, "the super rich" and the hordes of small buyers
in forgotten places. That is one of the small many reasons
wall street hates gold, they are not part of the real action.
Comex is a side show!
–Another (10/18/97)
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I hope you enjoyed my post and thanks for the visit, cheers.