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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Comment by baranjaon Oct 03, 2014 5:14pm
327 Views
Post# 22997680

RE:Its nearly a Self-fulfilling prophecy

RE:Its nearly a Self-fulfilling prophecy
HARJAY wrote:

Options Traders Are Betting on More Pain for Gold Prices

 

The most-traded bullion option on the Comex in New York today was a put giving owners the right to sell futures for December delivery at $1,100 an ounce, a wager that would mean an almost 8 percent drop from current prices.




See the fraud now sheeple?
They are not trading Gold, but future contracts that has nothing to do with physical gold.  Buying and selling contracts to each other while nobody ever takes delivery. .. and gold miners are following those "prices" and sell their gold for this??
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