Gold & Silver + MF Global Story Time w/ Rawdoglet

[Shami-Amourae]

Gold & Silver Story Time with Rawdoglet!


http://www.youtube.com/watch?v=H8UnzOuS0t4
http://seekingalpha.com/article/316197-bankers-precious-metals-and-mf-global


MF Globals Fatal Blow to the Gold & Silver Paper Markets



http://www.youtube.com/watch?v=Bj9mtjUDNhU
http://www.ibtimes.com/articles/272980/20111227/comex-march-irrelevance.htm

[ximmy]

watched both...

[Horn]

People liquidating their assets will have to accept a 28 percent reduction in the amount of assets, although Schmeltz clarified that percantage might go down if he was succesful in convincing the Court that "physicals ought to get treated as a class unto themselves." The haircut, as it is called, results from the fact that more than $1.2 billion dollars that should have been segregated in MF Global's customer accounts is missing, and bankruptcy court has not yet fully determined if shortfall will be shared equally among accountholders.

Previously, customer's gold assets had been frozen (http://online.barrons.com/article/SB50001424052748703856804577098740322633760.html?m od=googlenews_wsj?mod=googlenews_barrons) as a result of the proceedings undertaken by James Giddens, the court-appointed trustee for the liquidation of MF Global.

http://www.ibtimes.com/articles/272245/20111223/gold-mf-global-corzine-trader-celente-bankrupt.htm