The Phaserl


The Gold Spread and Wall Street Banks

by California Lawyer, TF Metals Report:

It is so obvious, and so apparent, that I wonder why commentators have only now seen fit to say something.

“It” of course, being the prounoun referencing the gold spread and the insane, short-term profits the Wall Street Banks have been reaping right before our eyes. Let’s talk about it.

From Wikipedia: Arbitrage:

“In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.”


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