rjchilia123

What we saw in oil could happen in Gold

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
We have 88/174 ounces of paper gold/silver being traded in futures per ounce of real gold/silver. So what happens if the dollar really starts to fall and these traders want delivery on their physical Gold/silver, they will moon just like oil fell to -$30 today gold will go up to like $5000 once these traders start wanting delivery. Those of you like me know how hard it is to find physical gold and silver now either out of stock or sky high premiums could you imagine having to deliver on these futures contracts.
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