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Gold/Mining/Energy : Precious and Base Metal Investing

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To: LLCF who wrote (31758)	10/25/2004 9:48:42 AM
From: Julian Augustus	Read Replies (1) of 39344

<On the other side, shorts have to deliver product that meets certain specifications and stamped by proper producers and have gold stored in licenced warehouses! IF there isn't enough gold to deliver to the longs, the COMEX [and NYMEX] GO OUT OF BUSINESS AND ALL SEATS ON THE EXCHANGE ARE WORTHLESS!!> Isn't that a great incentive then for the Comex to make sure the longs NEVER are in a position to overwhelm the shorts, even by changing the rules midstream to favor the shorts if need be? After all, if it is a question of the comex's own survival, which side will they be on?

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