I have been trying to read as much as I can about gold prices
Seems gold futures and physical have a disconnected price relationship
Has this ever happened before
Does anybody know why the disconnect in price???
For every article I have read there seems to be a different theory
Also a great difference of opinion in future price of gold
Obviously futures lend them selves to different opinions, that much I undeerstand
The disconnect in price I don't understand
I
Thanks Wayne!
I don't follow the price of gold close enough to answer that question without digging for gold news.
Gold futures hit 7+ yr high
5 responses |
Started by pj - April 9, 2020, 5:32 p.m.
Not sure if this helps or not but its good information that helps me understand more clearly:
Gold Exposed: Spot Gold versus Gold Futures
http://www.danielstrading.com/resources/offers/guides/gold-exposed-guide.pdf
Tks Mike
I have read that and more
Some how I get the felling all is not as it should be in the world of physical gold
Or at least what we are told
yes, wglassfo, this happened back in late 08, when gold and silver spiked down, before they ran up to their 2011 highs.
it was much more pronounced in the silver market.
it is like a boomarang move. they spike down, before surging to much higher prices.
i expect a company like newmont to run up to challenge its old highs as gold tests its old highs. (disclaimer - i am long newmont, and other metals shares).