Puz, Your second paragraph raises a fascinating question, "would the COMEX and LBMA tank if claims were made on all its contracts and, they FAILED TO DELIVER"............................................................................... Jim Willie somewhat answered that by saying that New York and London rejected legitimate claims, even for big holders like GERMANY. If they can get away with this scam now, then how much longer can they keep up this charade now that the Shanghai Exchange is in business. A good question? Yes?