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Msg  215550 of 221872  at  3/23/2020 1:52:50 PM  by

zeno451

The following message was updated on 3/23/2020 1:55:08 PM.

IS A COMEX force majeure Possible?

If the disparity between paper gold prices and the spot gold price do deviate significantly the commercials holding the short paper are in a considerble heap of trouble. Back in the day I remember reading opinions that the best way to solve the problem for the commercials and banker boys would be to institute a force majeure and force the closure of all comex contracts at a set price. That way the commercials and banker boys would get out of dodge with their scalps still in tact. Since gold will probably be a part of the solution to stabilizing and restoring the world financial order i expect the gold shorting banker boys- the commercials will have to be saved sooner rather than later.


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Replies
Msg # Subject Author Recs Date Posted
215552 Re: IS A COMEX force majeure Possible? glaciernine 1 3/23/2020 2:45:58 PM
215596 Re: IS A COMEX force majeure Possible? nasus25438 2 3/24/2020 12:41:03 AM






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