542 Ounces of gold pledged at Comex for every physical ounce of gold available!

We ride off into the sunset

It ends with everyone not having physical possession having NOTHING.

Is that rehypothecation?

BLOW EVERYTHING UP

When the music stops?

The one thing I will not want is YELLOW!

I double down on BLACK!

I have a feeling it's really 10 times that amount

we are the worlds 3rd largest producer of gold

it will never really be a problem

[link to usdebtclock.org]

Perhaps you missed this part:

"MSM would never bother you with the fact that there’s almost no gold in trading vaults. Nor never mind that it would take years’ worth of new mine and mill production to refill Comex to anything approaching old levels. Face it, there “ain’t” no gold! It’s gone!"

It wouldn't matter if the US was the number one producer. The point is there is no where near the physical gold to deliver all the current "paper" claims on it.

i got a few oz's hanging on my neck BUT not as much as Mr T.

This will not end well. Its the reason why it is most wise to only invest in physical gold.

Other wise you are just buying a piece of paper.

Here is the most telling statistic to me

The ussa claims the largest gold reserve of 8,133 tons. Many believe it's not there but for arguments sake assume it is. At current pricing the entire 8133 tons is valued at about $3 trillion dollars.

This is less than the annual budget and about 1/7 the national debt.

once the sheep find out that they have been stripped of their gold...

How bout a two-step, double-tap on BLACK.

a friend of mine owns colorado largest mine

he's sitting on over 3 million ounces

Take the paper gold and transfer it black gold.

Texas has the yellow shit and they will get the yellow sulfur too.

Smell that shit fuckers!

That would be yellow stone magma on its way to Oklahoma!

let it all crash, then round up the banksters and put them in prison

Is it possible that TPTB have cut a deal with the Annunaki to cover that bet?

The paper gold and silver casino is full of players who produce no gold, have no gold and want no gold.
They are playing "investor", relying on the constant downward pressure to make enough price movement to profit on the ups or the downs.
Notice both metals are confined to a trading range.
Silver is allowed to gyrate between 16.90 and 17.45.
Gold is allowed to move around between 1250 to about 1290.
When either drops to the lower band, it is quickly bought up, when it reaches the top, quickly shorted back down.

It's all a cash cow for dildo traders, whose influence is (as the OP said) about 300 times greater than the physical traders can muster.

As long as retail shops have some, this can continue.
It's all fraudulent, fake, just like every other aspect of our economy today.

When it fails, it will be a horrendous surprise for those shorters out there.
Thus the desperate continuation of the game, no matter what.

There is more talk of gold and silver now than anytime since I got interested in it.
The end is near, boys.

Get sum!

All the zipperheads in China bought it up

Only logical solution right there

I believe they are selling the COMEX to the Chinese?

Look towards the bottom right on the clock you will see the governments price on gold and silver.

I figured it would be up to at least 5000 ounce to each physical ounce. Maybe it would be if THE FED, JPM Chase, CITI, Golman Sachs, and Morgan Stanley weren't FIAT shorting it every second

One day paper gold will make dandy ass wipe paper.

So, that means that there are 542 ounces of electronic gold, that was keyed into existence on a keyboard, without any labor or production ever having to be performed?

~ vs ~


1 ounce that utilized human labor and production too create it physically >?.



This won't end well.

I think the leverage almost doubled in 3 months. I know it was like 312/leverage. I read something a few months ago.

This is exactly what is happening and why there are no jobs.
Human production must be replaced with keystrokes, too extend the longevity of the fiat currencies. One person can create the production/job of millions, within a few keystrokes.