Gold and Silver exchanges are going to be forced to become cash spot contract physical exchanges. Is this a market mistake, or a massive physical gold project of those who now own all the gold?
It is a project in my opinion that the knuckle draggers at the Comex are yet to figure out. If you are a successful knuckle dragger at the Comex you become a board member but remain a knuckle dragger intellectually.
The Comex will not wait until they have only one ounce left in the warehouse. They will once again change the rules of delivery and go to 100 percent margin. This is gold taking advantage of the premium of physical over Comex spot contract, their cash gold representation. I do not see this as a market accident but a well crafted plan to kill paper no gold contracts and emancipate physical to rise to prices once said here but never again.
Ask yourself these following questions again:
Where has all the gold gone?
Is this where all the gold in Morgan’s vault went?
Are the Gold Banks executing the Comex exchange?
Remember, sharks love to eat sharks until there is only one fast shark left. ...