COMEX Default on Gold or Silver
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Uploader Comments (davincij15)
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All Comments (129)
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This guy is way before his prediction. Good! Very simple explaination!!!
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Great video, I like to talk about Silver and Gold on my youtube channel as well.
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FREE...hey divinci Im giving away 2 ounces of silver from scottsdale silver .. on my blog check out the contest .I would be honored if you entered. blog is on my profile... Thanks "The Consultant"
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you should write a book about this
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Interesting to see what the if there will be any major impact from the Pan Asian Gold Exchange coming to fruition this Oct..... what a novel idea contracts backed by physical metal 1:1 :) Is the Comex and LBMA truly finally going down?
essentialsearch 4 months ago
@essentialsearch
75% of what they once had in inventory is gone this year, silver is backwardated $1 15 months out, meaning you can sell silver now and make $1 per oz plus get your silver 15 months from now if you believe it. LOL
Clearly traders don't so why should you.
I am surprised it gap is that large with interest rates so low and no one is willing to risk borrowing to buy silver and sell to earn a $1 per oz spread? That means the big money sees a default risk.
davincij15 4 months ago
so did the comex ever default?
SelfLearningChannel 8 months ago
@SelfLearningChannel
Yes they stopped devilry on kilo gold but no one cared.
davincij15 8 months ago
Dude you have explained this tuff complex issue much easier than Ted Butler himself. Good Job. Keep it up .
Silverbuzzsuccess 1 year ago
@Silverbuzzsuccess
Thanks! :)
davincij15 1 year ago