Phantom Gold Inventories: Has The Comex Already Defaulted?
Jeff Nielson
ETFDailyNews.com
April 16th, 2014
In the spring of last year, and on the heels of the Cyprus “bail in”; informed investors know there was a global stampede into physical bullion – and out of the banksters’ fraudulent paper-called-gold “products”. In reporting on those events, regular readers saw the following headline:
Paper-Gold Holders Flee To Real Metal
The evidence seemed conclusive. The Cyprus Steal triggered the realization among the Smart Money that no paper asset in the Western world was safe, any longer. That realization instigated the stampede out of the banksters’ paper-called-gold. Total holdings of the largest of the paper-called-gold fraud funds (the SPDR Gold Trust, or “GLD”) ultimately fell by approximately 40%.
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