Gold Supression Scheme FINALLY ENDS?

thumbnail
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on whatsapp
Share on print

Bill Murphy, the owner of LeMetropole Cafe and co-founder of the Gold Anti-Trust Action Committee (GATA.org), talks about the current happenings in the gold market including physical price divergence from the futures market.

With the COVID-19 crisis pricking the bond and stock bubbles, physical demand appears insatiable, causing retail metal premiums to eclipse well over 10% above spot gold prices. Further, gold’s price continues to march higher during the crisis reflecting increasing velocity of demand for the metal.

Bill and Rob also discuss the new LBMA scheme to backstop COMEX futures contracts with LBMA 400 oz gold bars using a fractional, paper ownership structure. Bill does not believe this scheme will satiate gold investors looking to take physical ownership of their own bars in the US, as the gold never actually leaves the LBMA vaults in this system.

 

Join 16K Subscribers In Elevating Your Financial Confidence By Strategically Growing Your Income & Wealth

What’s the #1 most important thing for you to focus on now?
Educate your self on the basics and apply proven techniques to increase your investment success.

Subscribe now, and get a 1on1 call with Robert to discuss your goals and strategies. Plus, get exclusive access to Robert’s Golden Quarterly covering the economy, mining stocks, and precious metals market research that will keep you right where you need to be. 

Only $60 per month, with semiannual or annual options

32

CONFIRMED
FORECASTS

8

FORECASTS IN PROGRESS
AND PENDING

15.2K+

YOUTUBE
SUBSCRIBERS

740K+

VIEWS