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Comex gold can't be crashed but would go to cash settlement, Grant Williams says
8:27a ET Monday, March 9, 2015
Dear Friend of GATA and Gold:
Neither Russia nor anyone else is ever likely to crash the Comex gold futures market in New York, Singapore fund manager and market analyst Grant Williams says, because the exchange would refuse to make delivery and instead substitute settlement in cash. His comments come in an interview with freelance financial journalist Lars Schall, working for Gold Switzerland. The interview is 16 minutes long and can be heard at Gold Switzerland's Internet site here:
https://goldswitzerland.com/grant-williams-the-low-price-of-precious-met...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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