There is so much in tonight's Midas! This one is interesting and may be one of the contributors to today's action.

"

Bill;
I’ve been told by someone who "knows" that major players demanded a lot of physical gold on Sept. 30 and "clowns" tried every trick to keep them in paper and even offered premium in cash over the Sept.30.Spot price.

Allegedly, the BOYZ were told that they have 5 days of grace to come up with the real goods.

The results are obvious.

There is less then 600 metric tons of Au available [globally] at this point in time [for possible sale] and 1/2 is locked / frozen and cannot be moved.

The delivery commitments are a multiple of this.

The battle is on and the first guys are being taken out of the room with bullet holes in their forehead.

There might be one last great concerted effort by the BOYS to knock back the price. But even they know by now that they have lost control and that their construct of lies, fraud and deceit is coming down.

It will get - no, it is - very, very, very ugly.

On top of it we shall see the collapse of some Gulf states, as well as some major US and European banks hitting the skids.
Rob...

It would seem – if my sources are correct – that we have finally reached "the point" that Frank Veneroso speculated about so many years ago – when price managers would "RUN OUT" of physical gold to continue their paper games. My ‘bird on a wire’ source continues;

The jerks are being hung by their thumbs and there is nothing they can do.

The very little Au that is available globally and it has been blocked from being sold to the BOYZ.

JPM/Chase is scrambling at every refinery to get their hands onto product. They even go to mines, no, - as we call it 'going to the pit to get it to the cage', but they don't have the required access and are being strung out big time.

They did not see this coming.

They will fight but they are being pushed onto their own swords. Arrogance comes before the fall.

I say, couldn’t happen to a nicer group of criminal thugs.
Best,
Rob Kirby"