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 (156881)	4/21/2020 9:43:34 AM
From: carranza2	Read Replies (1) \| Respond to of 217593

Can’t happen, I don’t think because gold storage is plentiful unlike oil’s. May oil futures contracts couldn’t get rolled over, so delivery had to be made at designated Cushing, OK facility. But it had no storage due to glut. Never a glut of gold, no storage issues foreseeable if delivery necessary. There’d have to be another mechanism. GLD is backed by physical, another substantial difference. Anything is possible, but I cannot think of the mechanism other than government action confiscating gold. What do you think?