When the global markets trade gold do they actually move it or does it stay in the same location?
A tremendous amount is traded on the global market. When trades are made does the actual gold get moved between countries or does the vast majority of it stay in the same location and just the ownership change?
It’s all done on paper. However a country has the right to demand the gold if it so desires. But that is unlikely.
This entry was posted on Sunday, November 1st, 2009 at 3:51 am and is filed under Uncategorized. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.
The ownership changes.
References :
November 1st, 2009 at 9:23 am
It’s all done on paper. However a country has the right to demand the gold if it so desires. But that is unlikely.
References :
November 1st, 2009 at 10:11 am