RE: whats going on?Refco borrowed gold from some bullion banks and its probably not around anymore......just like Jimmy Rogers $370 million worth of US treasury securities that he deposited with Refco as colateral for trading.
There is more stink out there with this Refco chit that still hasn't surfaced. I have been reading about Chang Kai Chit and his 100-200 ton copper LMBE short position this week and now he can't be found.
Probably just as many silver and gold shorts out there 2 nite that are blowing their tucks wondering how they are going to cover. Silver Bells ringing for the holidays