Published on Zero Hedge (http://www.zerohedge.com)
Anyone Who Believes The COMEX Numbers Is Very Naive (They Are Much Worse!)
By Tyler Durden
Created 09/10/2015 - 21:00
Following our detailing the Comex gold futures to deliverable physical gold ratio that is now north of 200:1 [1], several correspondents noted that "they are probably bluffing...based on JPMorgan's previous lies, the real number is likely significantly higher than 200:1." History tells us that all Ponzi schemes and market interventions fail, and it appears we are on the cusp of a massive failure in the scheme to cover up the truth about the precious metals market.
Source URL: http://www.zerohedge.com/news/2015-09-10/anyone-who-believes-comex-numbers-very-naive-they-are-much-worse
Links:
[1] http://www.zerohedge.com/news/2015-09-09/something-just-snapped-comex
[1] http://www.zerohedge.com/news/2015-09-09/something-just-snapped-comex
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