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TFMR: The Illegitimacy of Comex Pricing
Wednesday, February 17, 2016 11:35
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
via TF Metals Report
We’ve known for years that the Comex derivative pricing scheme was a fraud, where market-making Bullion Banks create unlimited amounts of paper gold in order to soak up speculator demand. Then these same banks shuffle warrants and warehouse receipts back and forth to create the illusion of physical delivery. But now, even the price “discovered” electronically on this exchange has become completely useless.
Source: http://silveristhenew.com/2016/02/17/the-illegitimacy-of-comex-pricing/
