CME Declares Force Majeure at Manhattan Gold DepositorySubmitted by fishyculture on Wed, 11/28/2012 - 11:50
The gold floated out to sea, but we have a man in a rowboat looking for it...
"In a notice posted to its website dated Nov. 12, MTB said the firm "sustained substantial damages" following Hurricane Sandy's arrival in New York City on Oct. 29, and had curtailed its operations.
The force majeure will remain in effect until further notice from the exchange, the CME said. The delivery period for CME's December-delivery precious metals futures begins on Friday."