The Paper Gold Manipulation: How Derivatives Control Gold and Silver Prices
The price of gold and silver can be manipulated through derivatives contracts by fractionalizing the physical metal held at the COMEX (CME Group’s futures exchange) and the LBMA (London Bullion Market Association). This is done primarily through the issuance of paper gold and silver, which represents claims on physical metal but is often backed by only a small fraction of actual bullion. Derivatives Market vs. … Continue reading The Paper Gold Manipulation: How Derivatives Control Gold and Silver Prices
