Comment: I hate to pee on this parade but...

(See in situ)


I hate to pee on this parade but...

...if banks are left with only one ounce of gold, they will simply rehypothecate it a few million times.

You can't have this kind of conspiracy without a complicit government and regulatory agencies looking the other way.

The same thing occurred in 2007 when virtually everyone in the mortgage industry- looked the other way. The difference here is that gold and silver are very small markets and easily manipulated for a very long time.