*BREAKING* Massive Fire Reported in JP Morgan Basement Vault! Gold Force Majeure?
July 21, 2013 By The Doc 7 Comments
JPM Chase fire*UPDATE: FDNY tweet confirms fire is in a commercial vault!
A journalist on scene on Wall Street this evening has just sent us footage of a massive fleet of Firetrucks and ambulances in front of JP Morgan’s headquarters at 1 Chase Manhattan Plaza, with fire-fighters stating they are responding to a COMMERCIAL VAULT FIRE IN THE BASEMENT!
With JPM’s gold inventory plunging 66% Friday to an all-time low of 46,000 ounces, and with reportedly over 502,000 ounces still standing against JPM for the JUNE gold contract, is the long anticipated force-majeure event in progress?