Fun Fact Daily

in gold •  7 years ago 

For every physimats_placer_gold_4c.jpgcal ounce of gold already mined...there are 300 paper derivatives and futures contracts agaist it. 300 owners that claim ownership of the same ounce. 300 to 1

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that is just silly. I would not be surprise if it is even worse.

I write about gold and silver. My latest post:
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