To: The Magical Mischief Tour
If there's ever a demand for delivery of all the paper gold some very large Wall St firms and mid-sized sovereign funds will collapse.
They don't have it. It's been sold, dozens of times.
2 posted on
04/16/2011 5:21:55 PM PDT by
Mariner
(USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
To: Mariner
If there's ever a demand for delivery of all the paper gold some very large Wall St firms and mid-sized sovereign funds will collapse. They don't have it. It's been sold, dozens of times. Silver as well - just ask JP Morgan. Comex and PM ETFs are the most laughable creations in financial history.
45 posted on
04/16/2011 7:54:52 PM PDT by
RobertClark
(On a long enough timeline the survival rate for everyone drops to zero.)
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