If COMEX defaults the price of gold be it papaer or physical will rocket as it shows it cannot be sourced to provide for delivery.
Like I said I have no idea if this is true or not but this is the second time that Jim has spoken of this. The first time a week ago, and now with slightly more info. While it would be enormous, I can imagine, the ruskies and Arabs would love nothing more. I also wouldn't mind seeing the yanks pay a significant price for their theft and corruption that has been going on for years. It would serve them right. Guess we'll just have to wait what happens
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