What Will Happen to Price of Gold Coins if COMEX Defaults?

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tbird165
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What Will Happen to Price of Gold Coins if COMEX Defaults?

#1 Unread post by tbird165 »

We came across an interesting article today on zerohedge.com that we thought would be of interest to our readers. Not only does it predict that at some point The Commodity Exchange, Inc. (Comex) will default on a large contract, but what will likely happen to the price of gold, and in particular, gold coins when it does. For those that are unfamiliar with Comex, it’s the leading U.S. exchange for metals futures and options trading...

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Re: What Will Happen to Price of Gold Coins if COMEX Default

#2 Unread post by frankstony16 »

what will happen?

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Daniel
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Re: What Will Happen to Price of Gold Coins if COMEX Default

#3 Unread post by Daniel »

If people decide to cash in for physical gold and instead of the paper COMEX sells and it exceeds the supply that the article quotes then gold could skyrocket. It's just an introduction to their article. Good people and coin dealers.

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