The end of the comex is nigh!

fatjohn

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Joined
Jan 17, 2008
Messages
2,285
Or so you should believe once more

http://blog.milesfranklin.com/is-comex-being-cornered

http://www.tfmetalsreport.com/blog/6393/november-delivery-comex-odyssey

I'm not sure how this will play out
If my sources are right, as little as 8693 contracts in open interest tomorrow would suck the comex dry.
As of today there are still 37000 contracts outstanding, so 30000 should be swallowed up.

I don't understand too much of it and this is more of a plea for more information.
Many times have people said that the comex would default, is this time the right time?
 
Or so you should believe once more

http://blog.milesfranklin.com/is-comex-being-cornered

http://www.tfmetalsreport.com/blog/6393/november-delivery-comex-odyssey

I'm not sure how this will play out
If my sources are right, as little as 8693 contracts in open interest tomorrow would suck the comex dry.
As of today there are still 37000 contracts outstanding, so 30000 should be swallowed up.

I don't understand too much of it and this is more of a plea for more information.
Many times have people said that the comex would default, is this time the right time?

We have heard this for TEN Years! Comex is a place here people who don't have silver and gold sell it to people who don't want to buy it. The biggest short holders are also the biggest long holders. https://smaulgld.com/silver-gold-long-positions-comex/
Watch this video https://www.youtube.com/watch?v=D1UJhwOEOWM
 
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