OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.


Posted by Maddog @ 22:05 on March 19, 2015  

re yr 12:41

Good point……but if Comex defaults and JPM is a short and has phys and does not deliver, then the creditors will go after JPM….so they lose their phys and are still short the balance and will be persued for that metal…..they will have to declare Force Majeur on the balance, to get out of delivering and cash settle.

Net they lose big time.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.