Showing posts with label golden. Show all posts
Showing posts with label golden. Show all posts
Saturday, November 18, 2017
Monday, August 12, 2013
The Color-Coded Comex Crunch: Behind The JPMorgan Golden "Musical Chairs" Scramble
The mad scramble for physical gold at the COMEX continues with JPMorgan, HSBC, and Scotia feverishly shuffling between registered and eligible inventory (and vica versa) so JPMorgan can meet past due delivery requirements. At this depletion rate, all three bullion banks will soon be trading fumes--at which point, this game of musical chairs ends with the Titanic sinking in a "force majeure" event. No mas.
http://www.zerohedge.com/news/2013-08-12/color-coded-comex-crunch-behind-jpmorgan-golden-scramble
http://www.zerohedge.com/news/2013-08-12/color-coded-comex-crunch-behind-jpmorgan-golden-scramble
Labels:
behind,
Color-Coded,
COMEX,
Crunch,
golden,
JPMorgan,
musical chairs,
Scramble
Tuesday, July 3, 2012
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