RE: RE: Think of the possibilities........Well, the recent Gold activity on the Comex has been interesting, to say the least. Every time it goes down (and Jon Nadler starts cheering) then it miraculously comes back up again.
I get the distinct feeling that, slowly but surely, the short-selling gang are finally losing their grip. If, or should I say when that happens, all bets are off regarding the price of Gold.
It's common knowledge that there is little or no physical metal backing the huge pile of derivatives, ETFs and many other Gold investments. (Have you checked your bank vaults recently?) So far, this has not been an issue. I suspect, very soon it will be. History has demonstrated, in every situation, that eventually the chickens do come home to roost!