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> You do realize that most gold and silver traded on the COMEX is also "fake" in the sense that they're trading in amounts of underlying gold and silver that co
by mamon 6y ago
> You do realize that most gold and silver traded on the COMEX is also "fake" in the sense that they're trading in amounts of underlying gold and silver that could never ever be delivered at the COMEX prices?
Which means that gold is UNDERVALUED - there's a lot more demand for it than can be fulfilled with physical metal, hence the "paper gold" in form of contracts. If the COMEX scam comes to an end we can see gold price skyrocketing to 20-30k USD per ounce.