2min chapter

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

4 Signs the U.S. Dollar May Be Toast

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

CHAPTER

What Happened to the COMEX Market?

Sovereign wealth funds are getting away from the big banks and all this. The COMEX was originally built to offset risk, where if I own 1,000 ounces of gold in my warehouse, I'll sell 1,000 ounce on paper on COMEX. It's just a way to offset risk by people who deal with the commodity as well. Now you have the most private, of the most well-funded, well-informed private investors doing the exact same thing that the commercial banks and central banks have been doing.

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