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GOLD - could COMEX end in a bailout?

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Uploaded on Oct 10, 2009

Gold LME 'default' - cash offered instead.
http://www.financialsense.com/fsu/edi...

Cash-settlement for COMEX gold contract (emini)
http://www.cmegroup.com/trading/metal...

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ASIAN GOLD CONTRACT (pdf)
www.cmegroup.com/rulebook/NYMEX/9/914.pd­f

914.07 Final Settlement
Delivery under the contract shall be by cash settlement. The final settlement price will be the Floating Price calculated for each contract month. Final settlement will occur on the third to last business day of the month preceding the named contract month.

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