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Gold/Mining/Energy : KITCO - Gold discussion

GLD 387.24

-0.6%

Dec 2 4:00 PM EST

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From: Charley Z	6/7/2016 10:29:56 PM
	of 989

Snipped from the internet (SRS Rocco site) ... "The China Shanghai Exchange is the mechanism being used to drain the Comex SILVER. Currently there is a 53-cent arbitrage opportunity, or a risk free 3% return on investment, that is buying Comex physical silver @ 16.39 and selling on the China Gold Exchange @ 16.92. This is a real vacuum of real metal from West to East, and cannot last. To understand just how horribly distorted these two exchanges are currently pricing the Silver Market, is to look at the Gold market arbitrage opportunity. It currently stands .02%. There is nothing in the Gold market to arbitrage, nothing to to squeeze from playing two markets. Look again…..Silver is @ a risk free 3%, Gold is .02%. This is insane, and as I’ve said cannot last. Something has got to give soon or Comex will be run bone dry in mere weeks. Let’s see how this plays out!" Chart displaying the arbitrage. Updates constantly. .. didthesystemcollapse.com Charley Z

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