CME Chairman On Gold: “People Don’t Want Gold Certificates, They Want the Real Product”

Submitted by Tyler Durden on 04/30/2013 - 18:34

CME's Terry Duffy: "What’s interesting about gold, when we had that big break two weeks ago we saw all the gold stocks trade down significantly, we saw all the gold products trade down significantly, but one thing that did not trade down, was gold coins, tangible real gold. That’s going to show you, people don’t want certificates, they don’t want anything else. They want the real product."