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...
Gold Bullion News
What Will Happen to Price of Gold Coins if COMEX Defaults?
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Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
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You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
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3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
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6. No spam. Do not post any links to your coin or other non-coin websites.
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frankstony16
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Daniel
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Re: What Will Happen to Price of Gold Coins if COMEX Default
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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