There is a high probability that we will witness a large default on the Comex in the near future with large bets on gold which cannot deliver.It is rumoured that the Chinese are behind a lot of derivative gold losses akin to the oil losses ticked up on oil futures.We could all be put out of our agony if the Chinese or their proxies would deliver the coup de grace to the Board of Citigold and take the place over. In one swoop the shorters can kill two birds with one stone .Get their gold on the cheap - after all there is 10 M oz of the stuff under Charters T - delivery is always conditional - and deliverance for the shareholders. Coolies rule .
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