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Just Love this phrase, 'a force majeure event', its sooo French & soo diplomatic, I use it in Co

C0INB0YC0INB0Y Posts: 627 ✭✭
in Precious Metals
Force Majeure

(2) Huge supply constraints occuring on the SAME day, last week.

Barely a mention in the news, yet it was Bombs Away from Thursday, onward!

Of course, I am *shocked*, just *shocked* to find all this manipulation going on in the COMEX Casino during these (2) 'force majeure events' !!
I was ‘COINB0Y' with 4812 posts and ‘Expert Collector’ ranking (Joined in 2006).

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    jmski52jmski52 Posts: 24,020 ✭✭✭✭✭
    Sinclair has been having closed meetings for the past couple of weeks. I'm sure we'll get to see what all of this means in the not-too-distant future.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    CaptHenwayCaptHenway Posts: 34,221 ✭✭✭✭✭
    Interesting concept.
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    s4nys4ny Posts: 1,594 ✭✭✭
    If the Comex was going to default in the next few weeks, as the article predicts, gold and
    silver would be skyrocketing in the physical market, not falling.

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    CaptHenwayCaptHenway Posts: 34,221 ✭✭✭✭✭


    << <i>If the Comex was going to default in the next few weeks, as the article predicts, gold and
    silver would be skyrocketing in the physical market, not falling. >>



    The market does not know that it is going to happen, does it?
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Awareness and caution is advised for the near future. Cheers, RickO
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    bluelobsterbluelobster Posts: 1,224 ✭✭✭
    "The COMEX will default in the next week or several weeks and people will be “settled” with dollars, no more metal will be delivered! So, knowing that “game over” has arrived, they are dumping a massive volume of paper contracts with impunity to push the metals prices as low as possible before the “default.”

    Ah...you have to love BS spoken with such certainty ...I guess Bill decided to move back from Costa Rica when the world didn't end like he imagined it would, but never fear, now he knows the truth, we are just so lucky he is willing to tell us. image
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>"The COMEX will default in the next week or several weeks and people will be “settled” with dollars, no more metal will be delivered! So, knowing that “game over” has arrived, they are dumping a massive volume of paper contracts with impunity to push the metals prices as low as possible before the “default.”

    Ah...you have to love BS spoken with such certainty ...I guess Bill decided to move back from Costa Rica when the world didn't end like he imagined it would, but never fear, now he knows the truth, we are just so lucky he is willing to tell us. image >>



    Makes me wonder, what happened to the rest of the doomsayers that used to post here about 4 years ago, predicting imminent collapse of just about everything imaginable.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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