April 27th, 2009
Comex and The Real World
If you’ve ever heard of Comex then you will know about what I’d like to discuss in this article. If you’re unaware of Comex, it is the form of stock market investing that prices precious metals like gold, silver, platinum etc… Commodities markets are very much different then stocks and bonds because they deal in resources. The thing that is amazing in this day and age is the disconnection between the Comex gold price and the physical gold price. These two metrics have deviated quite a bit which leads to assuming that the market is manipulated by financiers and world banks. Stocks are not a wise investment but are probably about as safe as all this “paper gold” floating around on the market.
