Gold Run? 43 Tonnes of Gold Stand for February Delivery on 1st Notice Day This is "HUGE" !

I wonder when this will happen with silver. It is a MUCH smaller market.

5* and shit this pin!

What does it all mean?

Get both in the physical form and sit tight !
It should go ballistic soon ! I do expect another commodity trading house to get swindled ! Lets watch !

^^^^^^^^^^^this^^^^^^^^^^^^^^^^^^

I like this comment on silverdoctors:

I have long said that this is the straw that will break the cartel’s back. This kind of move would a) prove that there is no physical gold (not to mention silver) behind all the paper promises, and B) cause the paper derivatives bubble to burst overnight. Let us hope that Blythe and Jamie’s worse nightmare is nigh!

This means war!!! It's on!

Reports on the Swiss banks moving cutomers Gold from unallocted to allocted accounts because in allocated accounts the Gold is in your name and your responsibility to report it on your tax forms not theirs (swiss banking system). They dont want the US to raid and confiscate unallocated accounts that they will be compelled to notify the IRS of. Now its your problem.
Interesting read here :

UBS and other Swiss banks were attacked inside the U.S. Remember, under FATCA and FBAT your personal information is fully available to your authorities including foreign holdings. It is a small step to extend that to precious metal holdings!

The authorities will also require gold dealers as well as all financial institutions to disclose client holdings too. Under FATCA this is likely to be extended to gold dealers overseas particularly those in Britain (and the Channel Islands) and in Canada. This will even include Swiss institutions doing business in those countries.

Then it is simply a matter of forcing you to either transfer your gold to them or under threat of penalty forcing you to repatriate your gold!

Read this article as it is very educational:
[link to news.goldseek.com]

Bet that is the first shipment heading for Germany.

Excellent article. 5*

This happened on the same market but in silver a couple years back. They refused to pay out in real metal unless the buyers could prove a reason to need actual physical, such as being a jeweler or other manufacturer. Other buyers (longs) had to accept the cash difference between the value of the silver on the day they bought the contract and the day it expired.

Thought it would blow the market out of the water then, but nada.

This was technically a default, but since it wasn't prosecuted as one, the whole market just kept grinding on.

This will probably end up the same way, but perhaps more people will notice and/or complain.

Last Edited by Crazy Harriet on 02/01/2013 02:36 PM

Either way the shit head government is going to control the currency, we need a way of life

Huge Credit Suisse Report Declares: THE GOLD ERA IS COMING TO AN END.


US House prices measured in gold.
link
[link to static.businessinsider.com]

Link..? The graph that you linked to would support the opposite.

Yeah that's what my uncle said

Where will the Gold price be

- before delivery?
- after delivery?
- impact on silver price?

Tell me what you think!

They have held this rotted, corrupt, moribund system together for as long as they can. They are openly committing fraud, etc. in broad daylight. This is because they are not planning for a replacement. They are planning for a global world wide weather cataclysm.

I have gold and silver, but I also have food, water, etc. which I believe will be far more important than the PM. This is going to be TEOTWAWKI. When this collapses it is not going to be merely financial. The hand writing is on the wall.

This audio interview should help answer your questions, (obviously nobody knows for sure).
[link to www.kingworldnews.com]

It's a discussion about the run on gold-paper-markets. Just like a run on the banks, paper gold institutions are falling out of favor. Silver is discussed at the end of the interview.

The clock is ticking on the price suppression that's kept both gold and silver prices artificially low (and MASSIVELY so) for at least the past two decades in gold and three decades in silver. When gold and silver prices finally begin to reach their true valuations, it will be the shot heard round the world.

this is true..always has...WE NEED A NEW WAY..

THE NEW JESUS WAY! AMEN

Gold/ silver unhinged from the stock markets. Money PILING IN to stocks. Fugg em. I'm still loading up on gold when I can. Our biz is down more than 50% from this time last year. Shit is slowing down big time. I'm glad of it too.

WAR.

Standing for delivery for a similar amount of silver would be even bigger news. And 1-2 millions ounces of silver would "only" cost $30-60 million - a pittance for a big player.

It's a wonder no one has done it yet.

Goodnessgracious!

Looks like Father is in loco MOTION - again ! ! !

Haggai 2:8:
The silver is mine, and the gold is mine, saith the LORD of hosts.