When it comes to gold, the media often talks about 'London Gold'. In short, it is 400 ounces of 99.5% pure gold bricks stored in the underground vaults of the City of London.
There are currently three main types of gold price in the world: the market price, the production price and the quasi-official price. All other types of gold prices are derived from them.
The inefficient market theory is based on Soros' philosophical research. He believes that human cognition is not perfect and that all perceptions are flawed or distorted.
