On the heels of the LME defaulting, what happens if the establishment fails?
March 18 (King World News) – Alasdair Macleod: “Eric, it’s not just bond markets which are broken, but we’ve also got the problem in commodity markets now. The thing that was fascinating about this nickel incident is that if the authorities, and I use that word in the broadest sense, hadn’t actually come to the rescue of that market, then quite possibly the LME would have put itself into financial difficulties. I’ve had so many people say to me, ‘The regulated markets like COMEX, they will always screw the bulls and save the establishment.’ Well, that is true but the reason they’ve got to do that is if the establishment fails…to continue listening to Alasdair Macleod discuss the gold, silver and commodity markets CLICK HERE OR ON THE IMAGE BELOW.
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