Andrew Hoffman: Is the end of the Comex nigh?


10p ET Thursday, November 27, 2008

Dear Friend of GATA and Gold:

In a new essay posted at GoldSeek, Andrew Hoffman, a metals market analyst and vice president of investor relations at Geovic Mining in Colorado, examines the declining open interest in gold and silver contracts on the New York Commodities Exchange and speculates that traders are beginning to realize that the exchange is rigged and possibly unable to honor its contracts if delivery is requested. Hoffman's essay is headlined "Is the End of the Comex Nigh?" and you can find it here:

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

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