Comment: Those Who Hold The Gold Make The Rules.

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Those Who Hold The Gold Make The Rules.

The "Spot" price is a farce, in my opinion!

Why ?

Because it represents a "wholesale" price of Gold, which almost no single individual can pay.
Can individuals buy a freight car load of sugar, wheat, pork, etc. etc.
My answer is a loud "NO"!

Therefore, local coin dealers who hold Gold in inventory can and will set prices of the Gold they hold.

beesting