Visitors Now:
Total Visits:
Total Stories:
Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Historically Low Gold OI Levels

Monday, August 6, 2012 17:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

tfmetalsreport.com / By Turd Ferguson / August 6, 2012

I was going to post this into the previous note but then decided that it needed it’s own thread.

The Gold Comex is dying. As we speculated late last year (http://www.tfmetalsreport.com/blog/3120/thought-experiment), confidence in the fairness of the CME and Comex is leading investors and traders worldwide to exit the exchange. Growing awareness of the paper game manipulation is surely affecting things but, in my opinion, the biggest driver of this exodus is the failure of the CME Group to adequately backstop customer accounts following the collapse of MFG last October and PFG last month.

The proof is in the numbers so let’s go back and review some so that we can look at this in the proper perspective.

READ MORE

Thanks to BrotherJohnF



Source:

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.