InvestorsHub Logo
Followers 100
Posts 7904
Boards Moderated 1
Alias Born 11/04/2012

Re: None

Tuesday, 11/26/2013 7:55:50 AM

Tuesday, November 26, 2013 7:55:50 AM

Post# of 13238
Gold Fix Drawing Scrutiny Amid Knowledge Tied to Eruption

“Traders involved in this price-determining process have knowledge which, even for a short time, is superior to other people’s knowledge,” said Thorsten Polleit, chief economist at Frankfurt-based precious-metals broker Degussa Goldhandel GmbH and a former economist at Barclays. “That is the great flaw of the London gold-fixing.”

http://www.bloomberg.com/news/2013-11-26/gold-fix-drawing-scrutiny-amid-knowledge-tied-to-eruption.html