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<p>[QUOTE=&quot;desertgem, post: 2677701, member: 15199&quot;]Fake New<b>s:</b></p><p><b><br /></b></p><p><br /></p><p><br /></p><p>Part right. There is probably just that much of gold available for delivery. Most&nbsp; Wrong: Only those future contracts that have paid the current FULL Price for the gold can have it delivered ( see the word registered). The other contracts even though they say &quot;gold&quot; are entirely paper based on the &quot;ACTION&quot; of gold. They are paper bets and are paid off in paper money~ no gold changes hands. Since COMEX is paid upfront, if they need more gold, they can obtain it before the contract comes due.</p><p>YOU can not decide at the last minute ~Hey, wait I want gold instead of $$ if you didn&#039;t pay the larger amount up front!&nbsp;&nbsp; Comex has a prospectus and no one reads it on the bullion sites. If, IF they can not deliver gold ( such as World wide war, quarantines, Zombies, whatever, they can pay off in USD @ the delivered price. So they will not DEFAULT.&nbsp; But it is well known that bullion groups have gone out of business. </p><p><br /></p><p>Just remember the biggest conundrum of bullion investing.&nbsp; &quot;If bullion is better than paper cash , Why would they even sell it to you for cash??? Think.</p><p><b><br /></b></p><p><b></b>[/QUOTE]</p><p><br /></p>

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