You wouldn’t know it from the price, hanging up here around $2200 per OZ., but
ranges for trading are remarkably pitiful … WHY? … from the stats, the median
of COMEX trading is below $19 … given a CFD spread of around 40 cents, not
even considering slippage, that’s over 2% cost to trade this shit … no wonder
people are shy to trade it! … compare that to ETH, where this metric is in the
tenths of a percent! … get rid of the gold cartel of LBMA / COMEX / FED / BIS,
and gold would trade like crypto … hopefully sooner rather than later.
Directly below, this week’s 20 Day Range & Median values.
click on table to enlarge
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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