Paper gold shorting, they want physical gold26 Mar 2020 10:37
The gold price is being kept down by the market shorting paper gold because no one wants it, they all want physical. There isn’t enough physical gold to settle the paper futures contracts at the end of this month. They have invented new futures contracts to roll over existing ones to tide the market over but fast forward to the epicentre of infection at the end of April and the market won’t be satisfied with that, they want physical gold. Therefore the gold price should go up. Question- will it go up just a bit, double, treble, quadruple?