COMEX Gold Data Update

This is what incomplete COMEX gold stock data looks like after a laptop crash.





Nevertheless you can see that total gold stock is declining very rapidly and the most important of all, it is a real trend changer. Look at how soft the curve was before and suddenly everyone takes their gold back starting from 2013.





I think we are in for a rally. Especiallly in silver, where open interest is still very high.


Comments

Post a Comment

Popular posts from this blog

Sibanye-Stillwater

The Consequences of Brexit