CME President on Gold: “They Don’t Want Certificates, They Want the Real Product”

This is a stunning admission from the CME President, because the exchange deals in futures (paper) contracts.  Yet, he admits that when it comes to gold, clients want physical gold, not paper. 

http://libertyblitzkrieg.com/2013/04/30/cme-president-on-gold-they-dont-want-certificates-they-want-the-real-product/