BC-Gold Futures

The COMEX futures market keeps pretending it sets real gold prices while physical dealers are seeing completely different dynamics. When I see these generic futures updates, I'm looking past the headline number to what's actually moving metal. The real action is in coin shop premiums, mint delays, and delivery spreads. Futures traders can push numbers around all day, but when you try to convert paper to physical, that's where price discovery happens. Stack what you can get your hands on. The paper market is increasingly disconnected from physical reality.