Harvey Organ joined us this evening for a lengthy discussion of the enormous Comex physical gold deliveries in February and March, traditional non-delivery months. He believes that there’s a loss of market confidence taking place. China is taking delivery and shipping the metal to their shores. Harvey thinks that the markets and the international financial system is in a precarious place at this moment. There’s no way out of it and at some point-after the collapse, countries will have to get together and revalue their currencies in gold. It all makes for very interesting times.
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