gold, page-131784

Well considering the LBMA have defaulted on their delivery obligations in regards to gold in that buyers of physical are forced to wait much longer than the allotted timeframe to deliver and the establishment is desperately keeping silver capped then one wonders if the Bank of England is in possession of any gold whatsoever as the last time they sold gold in big numbers was when they forced themselves to bail out a US investment Bank by pre announcing in July 1999 they would sell 400 tons of gold in a treasonous act to push the gold price lower. One also wonders what the market would do if the BOE decided to pre announce the sale of the other half of their "reserves". It almost certainly wouldn't be the same result as the previous announcement.
We look like we might be in for a real default in regards to silver on the horizon. And that would put the cat amongst the pigeons. We shall see.