{"id":12132,"date":"2015-09-11T07:09:23","date_gmt":"2015-09-11T12:09:23","guid":{"rendered":"http:\/\/olduvai.ca\/?p=12132"},"modified":"2015-09-11T07:09:23","modified_gmt":"2015-09-11T12:09:23","slug":"anyone-who-believes-the-comex-numbers-is-very-naive-they-are-much-worse","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=12132","title":{"rendered":"Anyone Who Believes The COMEX Numbers Is Very Naive (They Are Much Worse!)"},"content":{"rendered":"

Anyone Who Believes The COMEX Numbers Is Very Naive (They Are Much Worse!)<\/a><\/h3>\n

\u201cThe information in this report is taken from sources believed to be reliable; however, the Commodity Exchange, Inc. disclaims all liability whatsoever with regard to its accuracy or completeness. This report is produced for information purposes only.\u201d<\/strong><\/p>\n

\u2013 disclaimer now posted on the Comex gold and silver daily warehouse stock report as of Monday, June 3, 2013 \u2013\u00a0Investment Research Dynamics \u2013 June 4, 2013<\/a><\/p>\n

Yesterday we published an article detailing the Comex\u00a0gold futures to deliverable physical gold ratio that is now north of 200:1.<\/a>\u00a0\u00a0But an erudite colleague of mine, John Titus of \u201cBest Evidence<\/a>,\u201d correctly pointed out that: \u00a0\u201cThey are probably bluffing. \u00a0In other words, the\u00a0real<\/em>\u00a0number is significantly higher than 200:1.<\/strong>\u201d<\/h3>\n

 <\/p>\n

\"\"<\/a><\/p>\n

For the record, John does more thorough research on the economic numbers and reports that he studies than anyone I\u2019ve ever come across. \u00a0And he does it with the trained analytic eye of a seasoned patent litigation attorney.<\/p>\n

Let\u2019s put everything in perspective. \u00a0The numerical reports from which fancy graphs and and dry detailed data presentations are created originate from the Too Big To Fail Banks. I\u2019ve said for quite some time that\u00a0IF<\/em>\u00a0the bullion banks who control the Comex and the LBMA are submitting honest data reports for the Comex and LBMA, it would be the only business line in which they do not hide the truth and report fraudulent numbers. \u00a0What is the probability of that?<\/p>\n

JP Morgan was recently caught stuffing proprietary Comex futures short-sell trades into the \u201cManaged Money\u201d account category of the COT report. \u00a0The CFTC scolded JPM and slapped them with a whopping $650,000 \u2013\u00a0LINK<\/a>. \u00a0\u00a0\u00a0Does anyone really believe that the CFTC wrist-slapping corrected any fraudulent data reporting by the likes of JP Morgan? \u00a0Really?<\/em><\/strong><\/p>\n

 <\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Anyone Who Believes The COMEX Numbers Is Very Naive (They Are Much Worse!) \u201cThe information in this report is taken from sources believed to be reliable; however, the Commodity Exchange, Inc. disclaims all liability whatsoever with regard to its accuracy or completeness. This report is produced for information purposes only.\u201d \u2013 disclaimer now posted on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[8183,3688,1769,8258,291,647,1551,730,802,4318],"class_list":["post-12132","post","type-post","status-publish","format-standard","hentry","category-economics","tag-backwardation","tag-comex","tag-corruption","tag-etfs","tag-fail","tag-precious-metals","tag-rehypothecation","tag-silver","tag-too-big-to-fail","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12132"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12132\/revisions"}],"predecessor-version":[{"id":12133,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12132\/revisions\/12133"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}