@there-is-no-try "I think you will find that the only reason...

@there-is-no-try

"I think you will find that the only reason every COMEX gold contract would be voided overnight, is as a result of contract holders losing faith in the paper gold system and all wanting delivery of physical."

Do you really thing that the holders the long contracts that you expect to lose faith actually have the money to pay for the gold they are entitled to?

I have previously joked that the COMEX futures market consists of participants selling gold they don't have to people who don't have the money to pay for it. The vast majority of COMEX participants who are long gold futures don't want the gold. They want exposure to the price of gold...