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Message Subject Is the COMEX really the CRIMEX? Where's the gold?
Poster Handle humanitech
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"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.
 Quoting: The White Owl

worthless paper money, worthless bonds and stock, worthless paper gold and precious metals..might be the same for everything really..in this magical corrupt ponzy scheme.

As whilst trading and playing on the markets..it is meaningless numbers..only cashing in for physical assets is when the truth reveals itself.
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