Wednesday, December 14, 2011

Kyle Bass Says Europe Needs Actual Restructuring

This is a GREAT buying opportunity in GOLD and SILVER for those with disposable cash. 
Here's a LINK to one of the interviews Kyle did recently. He addresses the fact that the COMEX has $80 Billion in paper futures contracts in open interest, and when he asked how much they have in deliverable gold in the warehouse, they said $2.7 Billion? So Kyle being the smart man he is, said just give me a billion in physical and you guys worry about the rest.  BK