🚨 Price Discovery Is Broken: What It Means for Gold & Silver | Sprott Money
Sprott Money Apr 29, 2026
Summary
David Jensen argues that derivatives markets are distorting true price discovery for gold and silver by disconnecting physical supply and demand from asset pricing.
Increased volatility and market manipulation in precious metals paper markets are having broader impacts on the global financial system, including interest rates.
The current financial system is nearing a potential breaking point due to the unsustainable separation between physical real assets and their derivative pricing.