chinese told truth about gold manipulation ..., page-11

Timber1956 I could reply to you in detail.

I will just comment on one of your points:

You posted:

"I don't see any difference between this new exchange and the old ones, except that it is based in jurisdiction where I would be less confident, if I was placed in the unhappy position of protecting my contractural rights at law."

Reply:

1. These contracts give the buyer title - that is right - title to actual physical gold.

2. This jurisdiction punishes manipulative and fraudulent conduct with the death panalty. Not a bad deterrent, heh.

3. But of course we all know everthing is above board with gold and silver trading on Comex and the LBMA. GATA are fools aren't they? Just imagining conspiracies heh? We only have massive amounts of paper gold and paper silver shorted on Comex and the LBMA that the sellers do not own and could not possibly deliver. We need liquidity in an otherwise very tight market, don't we? lol