TSX:LSG.DB - Post by User
Comment by
baranjaon Oct 03, 2014 5:14pm
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Post# 22997680
RE:Its nearly a Self-fulfilling prophecy
RE:Its nearly a Self-fulfilling prophecyHARJAY wrote: Options Traders Are Betting on More Pain for Gold Prices
By Joe Deaux Oct 3, 2014 3:27 PM ET
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??