Written by John Lounsbury
The gold market seems irrational. Why should the price of gold be falling when monetary expansion is taking place globally and the demand for physical gold is growing? Gold expert David Evans maintains that the market is quite rational. He says that all too many investors simply do not understand how gold futures, "paper" gold and physical bullion (and other physical forms) interact. Evans has a a clear explanation of these interactions and a rationale for recent gold market behavior in a Scribd. paper which follows the Read more >> jump.
David Evans is the creator and proprietor of Gold Nerds, a gold and silver mining stock evaluation service for the Australian market.
Hat tip to Macro Business.