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Is CME Group preparing for a Comex default?
3:10a SFT Thursday, April 14, 2016
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics wonders if futures exchange operator CME Group's opening an account for the funds of clearing members signifies preparations for possible default on gold and silver futures contracts. Kranzler's commentary is headlined "Is the CME Preparing for an Eventual Comex Default?" and it's posted at the IRD Internet site here:
http://investmentresearchdynamics.com/is-the-cme-preparing-for-an-eventu...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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