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iShares Silver Trust Message Board

  • guintogg guintogg Jan 20, 2013 12:30 AM Flag

    There are now ten different mints producing Comex gold bars.

     

    Two years ago there were four. Comex is smart. They know it's gonna hit the fan and are now willing to approve other brands in order to increase their sources of metal. I don't think they'd be approving these other brands if they didn't expect a default. It's the same with silver. 24 months ago there were two approved fabricators, Johnson Matthey and Engelhard, making bars you could deliver on a futures contract. Today you've also got Ohio Precious Metals, Academy, and Royal Canadian mint.

    Sentiment: Strong Buy

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