Derivatives are the Achilles heel…
Dave Kranzler on Palisades Gold Radio
We’ve been seeing a sluggish regular shift away from the greenback for the previous decade. China has been using its personal foreign money in bilateral commerce for a while. China has elevated the scale of its Asian buying and selling markets so they’re now much less reliant on commerce with the US.
The derivatives markets are the Achilles heel of the system. An instance is the paper ‘gold’ derivatives versus the precise bodily markets. They depend on traders leaving their ‘steel’ on the exchanges. Their worst nightmare can be for quite a few funds and traders to demand supply.
He discusses what occurs when basic traders begin transferring into the miners and the outsized returns one can count on.
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