The buzz around the gold and silver bug websites is : "The Comex will default in December". Many articles have been written about this posibility. The large difference between the spot and physical price is around 50%. This means if silver spot price is $10.00 it is selling for around $15.00 at a coin shop. This leads many to believe that holders of Comex contracts will take delivery of their gold and silver instead of the cash. By taking delivery they can sell the gold and silver at a huge profit to the retail buyer. Many investors do not believe Comex has the gold and silver in inventory to cover all the contracts. Only time will tell. If you would like to discuss this topic please visit our forum.
http://worldcoindata.com/phpBB2/viewtopic.php?t=8
This is the direct link to the forum topic about comex.
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