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al44

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Re: SilverSurfer post# 8380

Wednesday, 10/22/2008 7:56:22 PM

Wednesday, October 22, 2008 7:56:22 PM

Post# of 43478
Maybe just a rhetorical question here, but what happens when some holders of comex contracts decide it's worth it to take delivery and resell into the retail market? If one buyer figures it out so will others and we know the comex cannot deliver on more than a few percent of the outstanding before defaulting. We can agree to disagree but I think the spot will catch up to the real price rather than real dropping to the spot. In addition, what will happen to gold and silver if all this bailout money being thrown around electronically actually becomes monetized?


........al


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