Let's see, the total trading in gold amounted to 4 X the total of ALL above ground stocks of gold. A similar number for the ratio of traded silver to existing silver.

The obvious conclusion is that the majority of these transactions were dealer to dealer transactions, and they were most likely done for the express purpose of establishing a lower price than would be the case if only producers and consumers were allowed to trade.

When will the world get smart and seperate gambling from legitimate markets? And why does the world accept the gambling # as price discovery?

Too many crooks, too litle justice.