Saturday, 13 August 2011
Precious Metals Default Scenarios - Silver & Gold Markets
Uploaded by BullionBullsCanada on Jan 17, 2011
Bullion Bulls Canada Audio Article for Jan 16 2011, 2011-01-16 , Written by: Jeff Nielson, Narrated by: Chad McNamara
Subscribe to us on youtube and get these audios weekly: http://itunes.apple.com/podcast/bullion-bulls-canada-podcast/id400805432
Precious Metals Default Scenarios: read the full article @ http://www.BullionBullsCanada.com | Sponsored by: http://www.SilverGoldBull.com | http://bullionbullscanada.com/podcast/
For obvious reasons, there has been a great deal of discussion about actual, formal "defaults" in the gold and silver markets. Among those "obvious reasons" is that informal defaults are apparently already taking place in both markets.
Beginning in the London gold market over a year ago, and now rumored to be occurring in New York's "Comex" silver futures market, buyers who have legally contracted to take "physical delivery" of the metals they have purchased are said to be accepting large, paper bribes to accept a "cash settlement" instead.
Posted by METAL MADNESS TV on Saturday, August 13, 2011