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Sunday, December 11, 2011

Is More Gold Traded Than Exists? Seems So...


FEC consolidates the word on re-hypothecation at Zerohedge that I am too lazy to sift through.

Based on the posts and comments, it appears there is a higher inventory of gold than truly exists which suggests that the physical stuff is underpriced as some demand is currently satiated by the purchase of paper gold.

What would the current price of gold be if all demand was satiated by only the physical stuff?

Explore the link at Fecundstench.


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