What I mean is that the «backwardation» has almost everything to do with the near - zero official short - term interest rate and almost nothing to
do with gold supply / demand.
Not exact matches
Such a hypothesis, in our opinion,
does much to explain the incongruity of a declining
gold price while fundamentals for paper currency, and the US dollar in particular, obviously deteriorate; while demand for physical
gold has exceeded new mine
supply for several years running; and while above - ground 400 - ounce.999
gold bars located in London, New York, and other financial capitals (in cohabitation
with speculative trading activity in paper markets) have steadily dwindled and disappeared into Asian financial centers reformulated as.9999 kilo bars.
David Janczewski, Director of New Business at The Royal Mint said, «Distributed ledger technology is a game changer and
supplying gold on a blockchain has been on our minds for some time, but only after partnering
with CME Group
did we feel we had the right fit and proposition.»
But you
do have to be careful
with such piercings, especially me
with my sensitive skin, and they have and endless
supply of safe pieces to choose from — love this bow, leaf, and white
gold stud especially!