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Scott Harn - Editor

Jpmorgan Accounts For 99.3% Of The Comex Gold Sales In The Last Three Months

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Scott, I hear a lot about the disconnect between physical and paper gold. The problem is I have heard it most my life. If I take gold to the smelter, my price is based on the London afternoon closing on the day I wish to close the sale. My physical is now VERY connected to the paper price. I suppose I could wait till all those shorts JPM has blow up before I sell gold, but the fuel man and the parts gal are not going to wait. For now it is the Banksters game, and we have to decide if we want to play or not. Unfortunately, being a poor old guy, life makes too many of those decisions for me. Being able to roll with the punches has made life a pretty good ride.

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