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eik

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Alias Born 10/24/2005

eik

Re: Sparks111111 post# 34670

Sunday, 09/21/2014 6:57:25 PM

Sunday, September 21, 2014 6:57:25 PM

Post# of 43482
I actually think it doesn't make much sense to compare London/NY paper prices to Shanghai physical gold price. It's not really an arbitrage opportunity. OTOH, "paper" gold does affect retail prices in USA. Today you can buy small pieces of metal from US dealers well below $1,300. So, either retail price for physical gold should go up in USA, or SGE will adjust its valuations down. IMO.
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