How a futures trade literally melted $29B in gold bullion and crashed the Atlanta Fed’s model
Wall Street’s rare-metal rumour mill began on a freezing January morning at Zurich Airport, where cargo handlers wrestled two-ton pallets of 99.5% pure gold onto a chartered 747 bound for New York....
Source: CryptoSlate
Wall Street’s rare-metal rumour mill began on a freezing January morning at Zurich Airport, where cargo handlers wrestled two-ton pallets of 99.5% pure gold onto a chartered 747 bound for New York. Their destination was a COMEX vault in the city, where warehouse rules hinge not on purity but bar dimensions. The gold came from […]
