The paper gold market controls the true price of gold. It is no longer about the physical supply and demand, but how many paper contracts are being traded on the LBMA and the COMEX exchanges. In fact, the ratio of paper gold to physical gold is at least 100 to 1. That means the price of gold is likely suppressed and should be higher if the paper market disappears. But can the paper gold market be broken? Here’s how it can.
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✅ Timestamps & Chapters:
0:00 The Paper Gold Market
2:53 It’s So Shady
5:53 Do ETFs & Chinese Gold Matter?
7:50 The Paper Price Controls Everything
9:48 Can A Gold Short Squeeze Happen?
12:13 Use The Paper Markets To Your Advantage
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18 Comments
Paper gold reminds me of that scene from Dumb & Dumber with the suitcase of IOU's, "It's just as good as real money!" 😂
Thanks!
Hi Sean good evening, great information thanks!👋👋👋
It is why there is such a huge buying premium on physical gold. The paper market simply does not represent the real price of the metals.
Great info as usual. I am old so the paper market will be around during my lifetime. Therefore, I buy physical gold without regard to that and hopefully pass it on to my children. also there is nothing like holding gold in your hand. I never had any respect for fiat money and more so now than ever.
So what is the danger of having a futures contract of gold if you can receive cash settlement?
I guess there’s insolvency risk but no one actually takes delivery of the gold so can’t see there being a ‘bank run’ on the futures contracts… seems like future contracts just give you exposure to the underlying gold price.
How does basil 3 tie into this ?
I'm digging it
Why being restricted to correct the typos?
Please ponder the inheritance
PS : Need one Elephant to blow the Cobweb built since 1623 to blow off in less than a Nanosecond and without any effort at all
Hi Sean, I heard India and Russia is going to set up gold and silver exchange soon , it's true?
WHY IS SEAN FOO SO SHARP AND STRAIGHT TO THE POINT?
The paper gold market is only one “Black swan event run” away from collapsing. It’s a Ponzi scheme pure and simple. It’s impossible for these exchanges to cover even a fraction of the paper contracts they have out there. It’s been pointed out if only a small percentage of large buyers actually stand for delivery it could very rapidly deplete the exchanges and everyone else would be left holding the bag. IE small investors. The banks and large institutional investors would have priority access to physical payout. If you don’t hold the physical in your direct possession, you don’t own it. The break between physical and paper gold is coming and I think when that happens people will be shocked at where the true price discovery ends up. That goes for silver paper market also.
IF YOU DONT HOLD IT, YOU DONT OWN IT.
GOLD DERIVATIVES ARE FAKE GOLD.
PHYSICAL GOLD IS REAL HOLD.
I wonder 🤔
Would China and Russia do a over night gold revaluation???
5k, 10k, 20k, 30 k
Another truly excellent episode exposing this murky trading system that even the so-called professionals fear to step into. Good job Sean!!!
Very good info today. Thanks, Sean.😎
Once again , I thank you
In 1985, the cabal influenced Congress to pass a bill to allow COMEX to novate trades settling in dollars if they cannot fill physical delivery. This makes the market worthless. The way to kill this market is to take delivery until the physical supply dies up.