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There's lotsa people on Youtube and elsewhere watching the COMEX puts and and tangible deliverables exercised on Gold. Seems Dec 29 or Jan 29 seems "break-point" day.
I think it's extremely possible if you consider the following idea:
The Russians are sitting in their deepening gloom (if possible) realizing that so long as America controls the international bourses for commodities, they'll never get the wip hand on 'em. And why should America control all those commodity markets with their commissions anyway? Prices for Moscow bacon are set in Chicago? Vy, comrade, vy???
The Cold War justification is now gone (Ruskkies are now capitalists after all). Now if they perfectly legitimately actually decide to exercise all those puts the Americans are making (in good faith of course [sarc.]) then it's the American's own lying, greedy fault that they collapse unable to deliver gold bullion to match. And it would be Russia holding big gold futures contracts. Do I hear the sound of the bourse defacto shifting to St. Petersburg anyone? Well! Russia would never want THAT to happen now would it!! [sarc.]
If it doesn't happen then that means the Russians (PURELY out of kindness!! [no sarc.] ) let the Yankies off the hook.
Watching video of Hank Paulson it looks likely. He looks agitatedly terrified recently. He iz a true hero of Kapitalism, comrade. Vy he should be zo worried-ski...??? hur hur hur....
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