DemandSoon it won't matter. Demand for physical gold is beginning to skyrocket. I was reading in my Jim Rickards Strategic Intelligence report that every ounce of gold held at the Comex is owned by over 500 hundred different individuals. If everyone demanded delivery at once, only a handful would ever own the gold. Mining companies that actually hold physical gold could become very valuable.
Goldman Sachs and all the big crooked banks that want to supress the price of gold with their paper trading schemes will be hitting the proverbial fan pretty soon.
Curious that IMG lets MXI continue to fund 50% of the joint venture. .....instead of buying MXI outright. t could be that IMG insiders participated in the private placement. The only reason i can think of is that IMG feels their stock price is too low and would therefore have to give up too much. How do you see it? (trying to figure out the font change)