Comment: You mean the default

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You mean the default

that you have been predicting for 4 and 1/2 years???

Anyway, the article says that COMEX gave him a warehouse receipt. Now I've never stood for delivery, so I don't know from experience, but my understanding has been that that was all they ever did was give you a warehouse receipt. What happens when he takes the warehouse receipt to the warehouse and tries to claim his gold?

Even if COMEX defaults, gold will not double overnight, and i doubt it will rally more than a couple of hundred bucks or so, if that.