In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘comex’

Failed CB Franchise & Gold Explosion

Posted by smeddum on November 26, 2008

Failed CB Franchise & Gold Explosion

By: Jim Willie CB,

— Posted Wednesday, 26 November 2008 Source:

The OMEN for a powerful shift in the gold market in my playful mind was the very real earthquake on November 18 here in Costa Rica, a clear signal from the financial gods, no minor tremor, measured at 6.0 on the Richter scale. The tremor confirmed the tectonic shifts to come to the gold market without question. This was the biggest earthquake in my life, no damage at all though, roof and toys intact. Numerous stories testify in aggregate to a severe tightening of the physical market, certain to put pressure on the corrupt paper market managed by the COMEX and its parent NYMEX. Read the rest of this entry »

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