You are correct, however J.P.M. will eventually be required to...

You are correct, however J.P.M. will eventually be required to settle the transactions...

Thats when this will play out...

http://www.silverbearcafe.com/private/silveraccident.html

But I'm reminded of J.M.K.'s famous words

The market can stay irrational longer than you can stay solvent.

And left to wonder just when that day might be... Would AYN have been better off to leave the resource in the ground until that day comes?

PS. Liked your post regarding Japan and the Sun.

Cheers.