SPECIAL: The Gold "Cap And Trade" Model
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.com
Housekeeping: Previously posted as Special: BiS Cap and Accumulate Scheme but “Cap and Trade” is more appropriate. Here’s why:
The Cap applies to anything you do not want to go higher, like emissions. The trade part is where you let the market sort it all out. Cap and trade has one publicly stated use—carbon emissions—but many implicit applications.
Caps come in many forms:
* Capital controls- China
* Margin hikes- US Futures Exchanges
* Delayed openings- Stocks
* Tech outages- stocks, crypto
* Spoofing-…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.