Force Majeure at two depositories?

CME Declares Force Majeure at Manhattan Gold Depository Read more: http://www.foxbusiness.com/news/2012/11/26/cme-declares-force-majeure-at-manhattan-gold-depository/#ixzz2DWWpuvB5 CME announced that it’s Manfra (MBT) bullion depository can’t deliver bullion right now because of Sandy (force majeure): http://www.fxstreet.com/fundamental/analysis-reports/gold-investments-market-update/2012/11/27/ It is highly unusual and unlikely that the true issue is a result of Hurricane Sandy.  Vaults are designed to withstand every type of “act” … Continue reading Force Majeure at two depositories?