GOLD 0.51% $1,391.7 gold futures

3 us banks hold 51% gold shorts..., page-19

  1. 1,127 Posts.

    bmd,
    Yes, it'd be great if that happened. But it does really happen like that sometimes. I was working for a contrator in Saudi who was laying the tarmac for one of the bat wing bomber airfields in the high desert. He decided to make a bit more money by only laying 5/10 cms thick instead of over 20. One of the engineers was sacked in ongoing retrenchments, went back to the Lebanon & sent a letter to the king on what had been happening. Needless to say he lost his high position in the company- but I dont think he had anything chopped off.
    But in America's case, there doesn't seem to any higher authority than the banks.
 
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