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GOLD – could COMEX end in a bailout?

Gold LME 'default' - cash offered instead. www.financialsense.com Cash-settlement for COMEX gold contract (emini) www.cmegroup.com --------------------------------------------- ASIAN GOLD CONTRACT (pdf) www.cmegroup.com/rulebook/NYMEX/9/914.pdf 914.07 Final Settlement Delivery under the contract shall be by cash settlement. The final settlement price will be the Floating Price calculated for each contract month. Final settlement will occur on the third to last business day of the month preceding the named contract month.