2010-09-23goldseek.com

``Incidents in a systemic failure climate can grow out of control, cause ripple events, and lead to a string of breakdowns much like the assassination of Archduke Ferdinand of the Austro-Hungarian Empire almost 100 years ago. The failure of Bank of America would qualify. Bear in mind that the short position for gold at the COMEX & LBMA is roughly equal to the entire earth potential of future gold mining. Bear in mind that the short position for silver at the COMEX & LBMA is roughly equal to twice the global annual production. A short squeeze is just around the corner for the precious metals, better described as money in metal form. It will cause fireworks and bank failures, maybe even clumsy attempts to confiscate gold & silver by the wrecked USGovt.''



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