19 December 2013

Comex Registered Gold Plummets To New Low of 490,000 As JPM Takes Deliveries

Gold? We don't need no stinkin' gold! Just keep selling!

JPM has managed to control a lot of the December delivery by taking it into their own vaults for their house account.

I don't suppose that anyone from the CFTC has bother to stop by and ask, 'And what are you all up to if we may ask?'

Still, 490,000 of gold remaining deliverable at these prices is a bit thin.

I will print the claims per ounce late tonight or early tomorrow, when we can get the data wrangler away from the barbie. Or is that Sheila? I forget.