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Old 12-10-2008, 11:44 PM   #15
ENdJOY
Avalon Senior Member
 
Join Date: Dec 2008
Location: Colorado Springs
Posts: 129
Default Re: Gold prices in Europe

Comex Gold and Silver Markets Hurtling Towards Default

The COMEX gold & silver markets are each hurtling down a dangerous path toward default. The artificial paper price has created enormous physical demand, and hampered supply production, if not delivery. The gap between the JPMorgan-led corrupted phony paper price and the legitimate physical price in actual trading markets has grown sharply, enough to force a breakdown like in any distorted market. When December contracts in gold & silver are demanded to be satisfied via delivery of the metal, it will be clear that the COMEX is running a scam. A default is highly likely. Of course, they can continue to deny contract holders the right to benefit from delivery, as they have been doing for months to ‘Non-Economic Customers' but soon the ‘Commercial Customers' will be defrauded. Arrests are warranted. We will see how this corruption unfolds.

[link to www.marketoracle.co.uk]
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