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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Comex - Break the Bank

Comex - Break the Bank

posted on Oct 16, 2008 07:54AM

It should take only a few percentage points of the open interest in gold or silver claiming physical delivery and the Comex leveraged fraud may show an FTD, failure to deliver. With the growing disparity between paper and physical prices this should be a lucrative undertaking at the current prices.

As stated, the Fed will use any means at their disposal to manage the current perceptions. Gold is their public enemy numero uno as it would expose that the fiat emperor is naked and that their current visible actions do/will not restore confidence. None of the root causes have been addressed. They are above the law by any means or purposes in all and any of their secret market interventions in conjunction with one or two of their large shareholders.

The public should have the perception that there isn't any alternative to protect themselves from the dollar debasement. No escape from the hidden tax, inflation, purchasing power debasement.

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