Synthetics dominate Opaque Bullion Market
Featuring Ronan Manly
Published on: July 7th, 2017 • Duration: 21 minutes • Asset Class: Equities, Commodities • Topic: Derivatives, ETF, GoldRonan Manly brings an investment banking background to his analysis of the London gold market, which is dominated by a handful of bullion banks and huge unallocated positions. An inability to convert these positions into physical gold could be an accident waiting to happen in an opaque market perpetuated by secretive ETF custodians. Filmed on June 16, 2017, in London.