OTCPK:MEAOD - Post by User
Post by
tsoprano1on Sep 23, 2015 6:35pm
132 Views
Post# 24129755
The gold/paper scam
The gold/paper scamJust read an email about the amount of gold available at Comex versus the contracts against it.
185,314 ounces with 228 contracts against each ounce. So 228 people think that ounce they own is there's alone. Banks are taking gold available for sale off the table waiting for better prices and now the amount of people asking for delivery has doubled. This isn't going to end pretty. Well, except for us owners of gold company shares because gold prices will be screaming higher eventually. Add in the scrapped projects by majors and soon a demand/supply problem will be present, if it isn't already. May have to step in and buy a little more Metanor tomorrow.
T