from King World News
With many questioning the paper prices of the gold and silver markets, it appears the LBMA and Comex are falling apart, plus it’s impossible to reflate these bubbles.
Comex And LBMA Falling Apart
April 1 (King World News) – Alasdair Macleod: “The important issue of the day is the train wreck that is the financial system. Disintegrating before our eyes. And don’t forget it includes derivative markets. In my field, experts make great argument but miss the point. Comex and LBMA are falling apart. LBMA continues to claim total vault bullion represents market liquidity. It does not. Take away earmarked central bank gold, ETF gold and perhaps 300t of privately owned gold, all held in safe custody, and you are likely left with less than 1,000 tonnes. Tell the truth!!…