HI Burx,

Haven't read or watched all that you posted (some), but I am unswayed. This keiser guy... anyone who throws out anecdotes about traders knowing WTC was to be hit but stayed to trade on the news... um, I think I would discount him as being a credible source.

As far as I'm concerned, this "bust theory" is all a sham. What is traded is a contract to supply, with a buyer. The exchange is the intermediary. If you say you are supplying 1000 ounces, it is not implied that those ounces are in a Comex vault, though that would be an option to use to complete the deal. I mean if Barrick sells 1000 ounces on the March contract, they are doing it to hedge or sell their production, not to sell gold sitting in someone elses vault. If they don't balance their position by March, they would likely deliver their gold. No depletion of any vault.