Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (155210)	3/25/2020 9:28:10 AM
From: carranza2	1 Recommendation Recommended By marcher Read Replies (1) \| Respond to of 218356

Something wrong? I don’t know. I thought that cash settlements were possible. Don’t know if that’s currently true. What it does show is that there’s not enough US gold to effect settlements. That bets were being made without any intention of delivering because that’s how the game was played/manipulated. Until it wasn’t, and somebody got caught wearing no swim suit as the tide went out, per Buffett’s brilliant image. Can you imagine what games could be played if gold is ‘delivered’ for settlement but somehow kept immobile in London, out of reach? Not in owner’s hands? Subject to whatever rules perfidious Albion deems necessary to create? Where is Shanghai exchange on all this? All good for gold, I think but perhaps not should Fed’s new QE super-bazooka be used to rescue COMEX miscreants. This may happen because no government wants to see gold go crazy. They saw yesterday what can happen and undoubtedly noticed. FED does not want gold to compete with the paper it is buying and it will definitely never buy gold itself.