Gold Freegold FOFOA paper

Jim H
By Jim H on Sat, Jun 1, 2013 - 3:11pm

Thoughts on the concept of FreeGold, and the differences between the paper and physical markets

I don't usually frequent FOFOA's site because I often find his posts too obtuse.  A recent video post of his was quite refreshing though, as it consisted of the attempts by many of his friends to come up with their own definitions of "freeGold".  For me, reading through all of the quotes helped me to connect some dots on the concept of freeGold, and to further understand why in fact we don't have freeGold today.  In many ways, the non-freeGold that we have today (you might think of non-FreeGold as simply Gold controlled by the paper, derivative markets)