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Warren Buffett could easily take out all the gold on the COMEX

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The gold and also silver markets are small enough that any kind of substantial inflow of funding could push rates higher, this according to Jeff Clark, senior precious metals analyst of GoldSilver.com.

" The gold market is so small that Warren Buffett can take less than 5% of his cash money as well as buy every signed up ounce of gold on the COMEX," Clark informed Kitco Information on the sidelines of the Vancouver Source Financial Investment Meeting.

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