Not Enough Gold To Pay All Holders Of Gold Obligations

It is often reported that governments and central banks have for years leased or sold their gold to bullion banks; therefore, they are unlikely to possess the tons of gold, they are said hold. Also, the bullion banks seem to be under enormous pressure recently. Just look at the recently reported spike in the gold coverage ratio on COMEX, with, there being over 200 ounces of paper gold claims for every ounce of deliverable gold (as reported on zerohedge.com)

Gold Update

Below is my 16 March 2011 gold update, to give you an idea of my premium subscriber service. My gold updates are $10 per update. If you are interested or would like to know more, you can contact me via email. I have just issued an update on gold and silver, today. Warm regards Hubert…