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Month: January 2016

Does the Huge and On-Going Drop in Gold Inventories Portend Eventual Default

Something Snapped At The Comex There had been an eerie silence at the Comex in recent weeks, where after registered gold tumbled to a record 120K ounces in early December nothing much had changed, an in fact the total amount of physical deliverable aka "registered" gold, had stayed practically unchanged at 275K ounces all throughout January. Until today, when in the latest update from the Comex [...]