Banks Lending Way More Than They Have In Deposits

Many people are unaware of the legal reality that our banks lend way more than they have in deposits (Fractional Reserve Banking).  Evidence mounts the same is the case for gold and silver via the COMEX and LBMA depositories.  The threat of an equivalent ‘bank run’ scenario increases each day.  Some big players are now taking bullion out of COMEX and LBMA at these low prices and selling at higher prices in the real physical market.  What happens if there is a run on this?