The New York Mercantile and Commodity Exchange suspends gold deliveries on its expired futures contracts. Instead the ComEx is delivering paper promises to deliver the gold (lawful Money) at a later date.
NOTE: When a futures contract expires the seller of the contract is legally bound to deliver the named commodity to the buyer at the agreed upon price, otherwise a fraud has been committed.
[added 2/12/2022] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
References:
Jesse’s Cafe Americain: Gold, the Comex and Exchange For Physical
jessescrossroadscafe.blogspot.com/2009/12/Gold-comex-and-exchange-for-physical.html
More Evidence Gold is Being Hoarded as Comex Fulfills Gold Contracts With Paper
wallstreetpit.com/12586/-more-evidence-Gold-is-being-hoarded-as-comex-fulfills-Gold-contracts-with-paper