Godlike Productions - Conspiracy Forum
Users Online Now: 1,358 (Who's On?)Visitors Today: 240,242
Pageviews Today: 308,129Threads Today: 75Posts Today: 1,581
02:21 AM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT ABUSIVE MESSAGE
Subject Is the COMEX really the CRIMEX? Where's the gold?
Poster Handle The White Owl
Post Content
"When I talked to the head of deliveries at COMEX NYMEX, I was like, 'What if 4% of the people want [gold] deliveries?' He said, 'Oh Kyle, that never happens. We rarely ever get a 1% delivery.' And I asked, 'Well what if it does happen?' And he said,'Price will solve everything' And I said, 'Thanks, give me the [physical] gold.'"

[link to www.businessinsider.com]

1). CRIMEX and NYMEX do not have enough physical precious metals in inventory to cover 4% of the paper contracts.

2). If demand for physical precious metal deliveries go above just 1%, the CRIMEX - NYMEX prices are deliberately manipulated.

This is what is going on right now.
 
Please verify you're human:




Reason for reporting:



News