{"id":12888,"date":"2020-03-25T01:09:40","date_gmt":"2020-03-25T01:09:40","guid":{"rendered":"https:\/\/www.duck9.com\/?p=12888"},"modified":"2020-03-24T21:16:41","modified_gmt":"2020-03-25T01:16:41","slug":"gold-futures-and-the-future-of-gold","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/gold-futures-and-the-future-of-gold\/","title":{"rendered":"Gold Futures and the Future Of Gold"},"content":{"rendered":"<div>\n<div dir=\"ltr\">By Larry Chiang<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">I am pursuing Deeply Understood Crypto Knowledge. Be my study buddy. As per Tim Ferriss\u00e2\u20ac\u2122 podcast episode 244,&nbsp;<b style=\"background-color: rgba(255, 255, 255, 0);\">Nick Szabo &#x1f511; (<a href=\"https:\/\/twitter.com\/nickszabo4?s=11\">@NickSzabo4<\/a>&nbsp;<\/b>is an expert. And he\u00e2\u20ac\u2122s a friend<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\"><\/p>\n<table style=\"border:1px solid black;padding:8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/642773897591435264\/RLmPFunP_normal.jpg\" style=\"width:48px;height:48px;padding-right:8px;\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Nick Szabo &#x1f511; (<a href=\"https:\/\/twitter.com\/nickszabo4?s=11\">@NickSzabo4<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/nickszabo4\/status\/1242609894919815168?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">3\/24\/20, 7:31 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Imperceptible to Bitcoin, a virus is for the gold futures market &#8220;force majeure&#8221;.<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2020\/03\/image1-4.jpeg\" alt=\"image1.jpeg\" id=\"EDEB2906-6039-4F3B-9414-ACBDC09807B7\"><br \/><b style=\"background-color: rgba(255, 255, 255, 0);\">Roy Sebag (<a href=\"https:\/\/twitter.com\/roysebag?s=11\">@roysebag<\/a>&nbsp;<\/b><span style=\"background-color: rgba(255, 255, 255, 0);\">received some important information relating to what\u00e2\u20ac\u2122s going on in Gold markets. Today, some banks failed to deliver physical in the comex bar EFP. As a result, these banks suffered large losses which will soon be announced. They\u00e2\u20ac\u2122ve also decided to exit the comex market.<\/span><\/p>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1043687222296363008\/o17XACPr_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px;\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Roy Sebag (<a href=\"https:\/\/twitter.com\/roysebag?s=11\">@roysebag<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/roysebag\/status\/1242577515782209540?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">3\/24\/20, 5:22 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">1\/2 I\u00e2\u20ac\u2122ve received some important information relating to what\u00e2\u20ac\u2122s going on in Gold markets. Today, some banks failed to deliver physical in the comex bar EFP. As a result, these banks suffered large losses which will soon be announced. They\u00e2\u20ac\u2122ve also decided to exit the comex market.<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1043687222296363008\/o17XACPr_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px;\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Roy Sebag (<a href=\"https:\/\/twitter.com\/roysebag?s=11\">@roysebag<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/roysebag\/status\/1242577788957339651?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">3\/24\/20, 5:23 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">2\/2 Now there remains a big shortage in physical in the comex denomination so rumors are the Comex will announce a force majeure and allow banks to deliver LBMA bars instead. This should be announced imminently.<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\">Now there remains a big shortage in physical in the comex denomination so rumors are the Comex will announce a force majeure and allow banks to deliver LBMA bars instead. This should be announced imminently.<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\">BREAKING: &#x1f6a8;&#x1f6a8;<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal; min-height: 13.8px;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\">ABN Amro customers will no longer be able to put their money into physical gold, silver or platinum.&nbsp;<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal; min-height: 13.8px;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\">The bank will discontinue these three investment products next Friday.<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal; min-height: 13.8px;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\">If customers don&#8217;t sell, they will liquidate for them at prevailing prices<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal; min-height: 13.8px;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\">Unbelievable!<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal;\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2020\/03\/image2.jpeg\" alt=\"image2.jpeg\" id=\"C79841A1-8631-4E0A-B30E-5C112896A54F\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang I am pursuing Deeply Understood Crypto Knowledge. Be my study buddy. As per Tim Ferriss\u00e2\u20ac\u2122 podcast episode 244,&nbsp;Nick Szabo &#x1f511; (@NickSzabo4&nbsp;is an expert. And he\u00e2\u20ac\u2122s a friend Nick Szabo &#x1f511; (@NickSzabo4) 3\/24\/20, 7:31 PM Imperceptible to Bitcoin, a virus is for the gold futures market &#8220;force majeure&#8221;. Roy Sebag (@roysebag&nbsp;received some important [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12888","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=12888"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12888\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=12888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=12888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=12888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}