Lawrie Williams: What happens to gold if the Comex collapses?


9:43p ET Monday, December 2, 2019

Dear Friend of GATA and Gold:

Sharps Pixley market analyst Lawrie Williams today explores the analysis of Fraser Murrell about the potential collapse of the gold futures market if physical demand overwhelms paper supply.

Of course in such circumstances the gold price would explode, since, as Williams acknowledges, "the huge volume of paper gold traded on the Comex ... certainly acts as a price control mechanism on the physical metal" -- which is just what the Comex was created to do in 1974:

Williams' commentary is headlined "What Happens to Gold if Comex Collapses?" and it's posted at Sharps Pixley here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit: