“””In spite of an avalanche of complaints from gold and silver investors, the CFTC (Commodity Futures Trading Commission) has never bothered to audit even one vault to see if the short sellers really have the alleged gold and silver they claim to have”””
Reminds of the naked shorting controversy with stocks.
A fixed market where the retail guy gets screwed every time.
I really am getting the feel like the 8 or so old family members I have buried in the last ten years had who lived through the last depression. - put the money in the mattress, do not trust bakers, stock brokers or anybody else.
They had a good reason.
One thing good about the change in the economic climate is the deafening silence from the rabid free traders and the quit talking down the economy crowd. Peace
Probably their computers are now locked up in some warehouse with all the rest of the crap from Countrywide, Bear Stearns, etc.
Like you say, good ridance.