Wednesday, December 14, 2011
Kyle Bass Says Europe Needs Actual Restructuring
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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
Labels:
CNBC Gold,
David Faber,
Debt Crisis,
Dollar Liquidity,
Kyle Bass,
Sovereign debt