The Impact Of Forward Sales On The Price Of Gold (5fb25591-84f7-4333-abbb-475232ebfde0)
- Organization:
- The Southern African Institute of Mining and Metallurgy
- Pages:
- 2
- File Size:
- 189 KB
- Publication Date:
- Jan 1, 1992
Abstract
CONTRIBUTION BYP.J.D.LLOYD The thought-provoking paper by Monro deserves serious consideration. If he is correct, the practice of selling gold forward should cease forthwith. However, similar arguments may well be advanced against the selling forward of many other commodities, and this runs counter to the success of futures markets worldwide. If, indeed, the practice were basically flawed, then such markets should long since have failed.
Citation
APA: (1992) The Impact Of Forward Sales On The Price Of Gold (5fb25591-84f7-4333-abbb-475232ebfde0)
MLA: The Impact Of Forward Sales On The Price Of Gold (5fb25591-84f7-4333-abbb-475232ebfde0). The Southern African Institute of Mining and Metallurgy, 1992.