the trouble, of course, is that these evil gold hedgers are merely covering their paper gold shorts with paper gold longs (covering shorts), as opposed to contractually obligated to actually come up with good old fashioned and solid gold of 9999 purity
if the evils had to cover by delivering solidness, oiy, the pain, stop the pain :0)
china should used a tiny part of its paper and electronic blib reserves to short dow stocks, exchange funds into everything except usd, sell massive miner puts, buy gold futures, buy gold miners, shut down gold miners, buy more miners, and then own the entire gold complex, bankrupt goldman sachs + aig, ge, etc, back the rmb, tank the dollar, buy massive dow calls, buy dow stocks, including ge, sell massive calls and declared monetary reset based on rmb, as in all china sourced goods must be paid for in rmb |