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Russia, Comex and paper gold.
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CentralNEFarmer
Posted 12/17/2014 08:52 (#4246228)
Subject: Russia, Comex and paper gold.



Custer County, Nebraska
This is not my area of expertise, just thinking out a 'what if' scenario.

Two things forming my line of thinking....1) Russia has been increasing its gold reserves, 2) the drop in gold prices.

There are obviously naked shorts playing the gold market.

Assuming Russia could on a large down day, purchase all the paper contracts on COMEX and instead of cash settling... demand delivery. What would happen?

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