'On the Cusp of HISTORIC COMEX EVENTS' [Turd & Doc @ Roundtable]
- Uploaded by Ur_lnner_Voice on Dec 2, 2013
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DON'T MISS THIS ONE: 'We are on the cusp of something historic happening on the Comex,' says TF Metals Report's Turd Ferguson. In this roundtable discussion which also includes the Doc from Silver Doctors, we examine the strange purchase of gold contract with a $3,000 strike price in 2015. We cover the PROVEN Gold and Silver manipulation with the London fix, we chat about the new gold-backed crypto-currency known as e-gold, and we finish with the gripping story of the very real drain on the Comex. 'We know that for the first time anyone can remember, the US banks are net long Comex gold futures, US banks meaning JP Morgan. And net long to the point of having CORNERED the paper gold market in New York because the position is so large. I'm talking the extent of 20% of open interest. And now we're heading into the December delivery period..."
Music: "The Complex" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0"