This is a breakdown from our recent live explaining CME’s new paper gold contract product and why you’re not really buying gold when you buy it…
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Links used in this video:
https://www.bloomberg.com/news/articles/2024-09-12/retail-crowd-piles-into-cme-s-micro-gold-contract-as-metal-soars?sref=rWFqAg1Y
https://www.cmegroup.com/education/lessons/micro-gold-and-micro-silver-futures-product-overview.html
Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst. She has been studying currency lifecycles since 1987 and discovered similar social, economic, and financial patterns that occur throughout the stages of a currency’s lifetime. She believes that recognizing these patterns enables people to see what’s coming and make well-informed choices that put their best interest first.
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