Friday 6 November 2015

Paper beats rock, for now....................from Rico

Physical Gold bullion, dismissively called a "pet rock" by the Kenynesian 40# brains that are busily wrecking the economies of the West, continues to be hammered on the COMEX to keep the spot price suppressed and continue the illusion that the FED is capably 'in control' and that everything is 'just fine' with the economy and the dollar.
- The message is clear: "No worries, move along now Muppets. Buy more equities."
 
That ignores a new record being set on the COMEX yesterday, an historic all-time high of 298 paper claims on Gold for every ONE ounce of physical Gold available for delivery.
- What could possibly go wrong?

1 comment:

Mark Matis said...

But does anyone have the guts to CLAIM any significant amount of those rocks? As soon as someone does, the REAL fun starts...