Too bad for the cartel that Mubarek held $620 Billion in gold rather than silver.
$620 Billion in silver might have helped the COMEX tread water for a few months.
The Egyptian people will have their first glimpse of their former president Hosni Mubarak since his overthrow on Feb. 11 and retirement to Sharm el-Sheikh when he goes on trial Wednesday, Aug. 3 before television cameras with his two sons, Alaa and Gamal. With him wil be the former Interior Minister Habib al-Adli and six other senior officers.
The charges against the ex-president of killing demonstrators during the uprising that ousted him and abuse of power to amass wealth carry sentences ranging from five years in jail to the death penalty. His sons face lesser charges and prison.
After spending seven months at the Sinai resort of Sharm el-Sheikh, the public will see their former president and his sons in a special cage built for the trial. Judge Ahmed Refaat decided the proceedings should be aired live by state television, because, he said, "I believe in the right of the people" to see justice done.