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News Link • Dollar Meltdown The

DEFACTO DEFAULT ON COMEX GOLD?!?

• godlikeproductions.com
COMEX now refuses to deliver gold for it's contracts. Instead, it will deliver PAPER! When a commodity exchange refuses to, or cannot, deliver the commodity it sells options for, isn't that a defacto default? They can parse words and spin it any way they want to - it is what it is. join the the discussion http://www.godlikeproductions.com/forum1/message937733/pg1

1 Comments in Response to

Comment by Trouser Chili
Entered on:

I don't know about this.  I tried to verify these delivery problems.  You would think that if the COMEX was delivering paper instead of gold that this news would be all over the gold websites.  It's not.  This one is one of only 2 stories I could find, and they were both by bloggers I've never heard of.  So either they've got the scoop, or they're shining us.


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