San Gold Corporation

I was watching a piece on BBC to see if I get get a taste of what is going on in Davos and low and behold same old same old. The suggestion from the puppet repeater was that the wild speculation in oil and gold is causing problems for the leaders to fix things. Position limits would be needed to reign in some of the speculators. I could understand this if they were talking about oil and agricultural commodities, however speculation in gold harms no-one as you do not have to buy it if you do not wish to. In fact, since the CFTC hearings, where it was admitted that gold is traded as a monetary metal and could be fractionalized similar to fiat it is a perfectly legitimate to use gold as a tool to speculate on the financial state of governments and the soundness of their finances.