GOLD 0.51% $1,391.7 gold futures

the game has changed - kirby, page-2

  1. 11,407 Posts.
    so Dub

    "There could easily be an additional $100 billion of derivative silver debt held by hedge funds, mines, jewelers and investors. This is why I say that each ounce of real silver is sold over 100 times, and by that, I mean it could be 200 times. And the guys who sold the derivatives are not the same guys who hold the $1 billion in real silver. "


    what happens when the US cant deliver on the gold / silver contracts they have sold knowing they dont have the physical stuff to back those contacts....do they have to go buy it or do they go bankrupt or tell the people they sold to...to get stuffed?

 
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