Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Comex Gold Default 2014?

  • 19-01-2014 11:32am
    #1
    Closed Accounts Posts: 1,507 ✭✭✭


    With the massive drop in the comex gold inventory over the last year, does anybody think they will default this year, and if not why not?
    Last year we saw huge drops in the gold price, and at the same time people queuing down streets to buy gold, was 2013 the year that the paper market and the physical became disjointed?
    All I see in the news is how Fed tapering is bad for gold prices, but nobody seems to be talking about this chart

    http://www.24hgold.com/english/interactive_chart.aspx?title=COMEX%20WAREHOUSES%20REGISTERED%20GOLD&etfcode=COMEX%20WAREHOUSES%20REGISTERED&etfcodecom=GOLD

    If the comex runs out of gold, it doesn't matter what the fed does, gold prices will at least double overnight in my opinion. Any thoughts?


Advertisement