Massive Fire Reported in Basement Vault of JPM Building! Gold Force Majeure?Submitted by Bob-45 on Sun, 07/21/2013 - 13:03
Sun, 21 Jul 2013 00:00 CDT
UPDATE: FDNY tweet confirms fire is in a commercial vault at JPMs old HQ of 15 Broad St.
A journalist on scene on Wall Street this evening has just sent us footage of a massive fleet of Firetrucks and ambulances in front of the JP Morgan Chase building, with fire-fighters stating they are responding to a COMMERCIAL VAULT FIRE IN THE BASEMENT!
With JPM's gold inventory plunging 66% Friday to an all-time low of 46,000 ounces, and with reportedly over 502,000 ounces still standing against JPM for the JUNE gold contract, is the long anticipated force-majeure event in progress?