COMEX the biggest ponzi scheme in history

In 2005 Congressman Ron Paul asked Alan Greenspan:
"Would there be any advantage, at this particular stage, in going back to the gold standard?"

Greenspan's answer:
I don't think so, because we're acting as though we were there……… So I think central banking, I believe, has learned the dangers of fiat money, and I think, as a consequence of that, we've behaved as though there are, indeed, real reserves underneath the system."

Comment:
This is exactly the mechanism. The COMEX is used as a way to "fix" the gold to dollar exchange rate as would happen under a gold standard. The MAJOR difference is that it is done with paper gold, gold that does not exist! As Greenspan says "we've behaved as though there are, indeed, real reserves underneath the system". Isn’t that the truth?!!! They have behaved as if they could actually provide the gold backing their huge short positions! But the game is coming to an end. Madoff’s Ponzi scheme worked for decades until people wanted their money back. The Gold suppression scheme has worked for decades but will now fail because people want physical gold. There in lies the difference between "behaving as if there are real assets" and "actually having real assets". The bluff is in the process of being called.

Very soon for JP Morgan, HSBC, Goldman Sachs, Deutsche Bank, Citigroup and the US government it will be checkmate!

Got gold?