With all of the paper manipuation occuring on the COMEX, there is wide speculation that there will be a break away market (or many markets) at some time in the future.
Now, with Dubai being a major gold hub, I wonder whether CTO will be able to sell DIRECT into this market at prices approaching physical prices rather than the rigged spot COMEX spot prices. You would think that the Dubai Group would have contacts in all of the right places to possibly make this a reality. That would addd millions to the bottom line each year. Perhaps this is the master plan.
Food for thought, Producers are fed up with selling into a manipulated market where the price (in some cases) is below prodcution costs. Supply and Demand economics is NOT alive and well.
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