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Check the rules on Crimex…they can cash settle now, if they can’t deliver the metal to you.
The Crimex premium is now back to $ 30 ….it maybe just a technical problem, in that Crimex has not actually changed the rules for delivery, yet …and when they actually do the the premium will go…but there is now real fear out there, about peoples ability to perform….check the Sprott ETF’s today….PHYS is plus 0.5 %…Gld is down 0.8 % !!!!
It’s probably those effing Lizard People once again! 🙂
The PTB are still in control but they’ve been rattled lately.
Have you heard … according to some people the TV, radio and the internet are supposed to shut down on 4/1 for 10 days and lots of the deep state effers are going to be arrested. Sounds unlikely but we can dream!
I’ve only read through part 2 so far where the last segment in part says the following:
“Global pandemic
I must say that over the years I have become quite cynical about these events and always look for the agenda that lies beneath. The WHO apparently lives in the pocket of big pharma and is responsible for a great deal of fear mongering and the general population just laps it all up.”
Wake up people!! IMO you are being duped again!! There is something far more sinister than this rebranded virus scare going on, and since it is being identified as a world wide pandemic IMO it will affect the whole world. If you will at least read the first couple parts of igolds paper you will learn that it is impossible to even see a virus, let alone identify it as a new virus and the world commerce must all come to a screeching halt or we’re all gonna die.
Please at least take the time to read the first two parts of igolds submission unless you are happy being terrified. It’s a wake up call!
he paid for the box every month, never missed a payment. He went down to his local bank (taken over by JPM Chase) to retrieve it, (didn’t like having it there) and entire box was “missing”. He had the key and the f*@#ing lock was drilled out. No notifications, not a paper trail, just nothing sir. We’re a bank sir, we have no clue where your phiz went. Took them several weeks to come up with it and they moved it 75 miles away. Now what the $*@# would I have done if he would have been no longer around and we were looking for it? Never trust the fucts at JPM. A true story from someone we know on the inside!
Those folks thinking humans are the problem and Covid is the cure must be the aliens that walk among us. ?
These libtards is some crazy folks, glad I live where I do.
I see that the CME is being encouraged to change the rules regarding physical delivery. I’d love to be able to change stuff when it works against me.
Hoping the banks don’t get away with defaulting/stealing yet again but confidence in fiat still remains for now. The comedy show continues, but this time around it’s a lot more fun to watch.
The trillions they are throwing at this will be impossible to mop up.
Theft is theft by any other name. Those investors screwed up, they could have bought real gold and stored it themselves. Instead they trusted a bank, bad mistake. Perhaps this will be a lesson for other people. I hope so.
Wait til GLD is found to contain little real gold!
always a good idea also other long lasting foods such as dry beans and lentils, powdered milk, pasta, whole grains…the list is long. if you store them in tightly sealing containers, they last a loooooooong time. i reccommend repurposed two liter soft drink jugs. anything with a carb content will slowly oxidise (like a cut apple, but slower), and use up the oxygen content inside the jug. the sides will dimple in, and with no more oxygen, the spoilage rate will slow down to near zero, extending storage life. darkness is also helpful.
What a Fucking scam,they just want to get their hands on investors Physical ,its nothing new..I had similar experience with Barclays 20 years ago .I had 10,000 oz silver that they were charging me a fee on ,then I noticed the FEE was no longer charged so I asked what form was my Silver in..they replied
a paper form…I told them I had every communication with them that stated I bought Physical ..!   They told me “PROVE IT !”… I did….but they didnt care .Finally I said “SELL it” ( Ill never do business with them again..).It took me a while to get the money back ..but I did after I threatened legal recourse….NEVER TRUST A BANK WITH PHYSICAL…..
Sounds like a good idea to me. You really can’t lose buying long lasting food like that. It’s a cheap insurance policy, people in the US don’t really know what starvation is.
Now or anytime in the coming weeks/months when there is a lull. Rice and/or whatever other supplies you need. Even if it seems to be under control–and I don’t think it’s anywhere near that point yet–I doubt it will be under control permanently until we have immunity, ways to treat, cure, etc. And that might be never. Lulls should be used to re-stock. Kinda like buying the dips.
The first 6-7 minutes apply to all of us, so worth the time. We are being pushed into a panic crisis depression which so far is not warranted. Some caution is in order, yes, but destroying the economy and supply chains is doing more harm and damage than the virus which is causing very few fatalities. IMO this is about something else and this is just the cover……the magicians trick to divert our attention while he performs the magic trick.
I was thinking about buying another big bag of rice at Costco even if they give the all-clear everything is fine from Corona signal. This might be a good time to buy and re-supply before the next wave of the pandemic
And so, under pressure from the London Bullion Market Association (LBMA) and several major banks that trade gold, the CME Group has reportedly changed its contract-delivery rules to allow gold bars in London to be used to settle its contracts to ease disruption to trading.
Yes shares looking good so far with gold down. Still quite a ways to go to recover our recent losses, but at least we’re not still falling into the Pits of Zool.
I’d love to see the US gov say something like: In order to top off our reserves we’ve contracted to buy ALL the output from Newmont and Barrick …