[TexGrill]

Just in case you thought only China likes to fudge its numbers. Now there’s this COMEX story. Looks like Soros screwed us conservatives again. Recently I Freeped a story about how former Soros’s business partner, Jim Rogers, was talking down gold investments. And look this COMEX report, I bet they were selling gold short.

[djf]

I think this is their subtle way, well, as subtle as can be described, to basically admit they are in default and out of gold.

Sure, they have some rooms full of bars, maybe a million ounces or so, but have no where near enough to cover all the contracts if the holders go for delivery.

[Smokin' Joe]

Seems like getting people to sell would alleviate the shortage of physical gold vs. contracts. My bet is that at the very least, this would cut the amount that would have to be paid to settle contracts if the physical could not be delivered. Considering the FED said it would take some seven years to repatriate the gold the Germans wanted shipped over there, this would make that easier to do if it cut down on the amount of hypothecation.

Crash the price, people bail, and it's mostly just paper.

[catfish1957]

I’d like to see Soros executed for his criminal manipulation not only our financial, but also our political systems. He is a foreign enemy combatant as far as I am concerned.