Eric King: “I have to ask you about this Grant Williams piece that I know you’ve had a chance to look at on the King World News site where it actually illustrates the (extraordinary) paper claims on gold. We’ve seen a parabolic explosion (on paper claims). There is a massive run on gold as the inventories at the COMEX are collapsing and we have all of these paper claims.”
Dr. Roberts: “What this shows is the consequence of repealing the position limits on speculation, because you now have a situation where derivatives drive the actual physical market. This is the exact opposite of what sound economics would have.”
Please follow SGT Report on Twitter & help share the message.