RE:Remember the Big Short Inflation is installed almost everywhere in the world, on consumer goods, real estate and many other assets. What is it for gold? Nothing at all.
For now, manipulation in the futures market continues despite the start of the phased entry into force of Bale III. Without falling into conspiracy theories, I believe that if the manipulation persists, it is still the most effective way to cover short positions in the market.
The LBMA has long been very insistent on being exempted from the Bale III rules. To this effect, it received a favorable declaration but NOTHING HAS BEEN RATIFIED. Therefore, the battle is still very far from won for the LBMA.
In short, I insist that the direction the gold market is taking is still incomprehensible for all kinds of reasons and that it will take an even greater catastrophe to explode its value.
For my part, I remain focused on the formidable operating margins of Robex produced from a deposit whose grade does not attract the attention of other gold companies. While several gold companies wait for the price of gold to appreciate strongly to see their profits increase, Robex is working to seize the opportunities that fit with its business model, at the best price possible. The Cohen team is renowned for its long-term business vision and those who share this vision intelligently accumulate shares of Robex without attracting the attention of short-term investors.