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JerseyJoe
Member since October 2013
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Comex Deliverable Gold Falls to 658,443 Ounces - Jesse - Le Cafe Américain

But, but, but...where is the gold? How could this be? I thought it was all safe in "Ft. Knots."

Commented 3963 days ago

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Beginning of the headline :There was a change in status of 48,652 ounces of gold bullion in the JPM warehouse which were withdrawn from the registered to the eligible category. Apparently someone had a change in heart. Big change in heart. About one and half tonnes worth. I will post the claims per ounce chart later when the irrepressible Aussie Nick Laird produces the latest update, but it should be around 55 claims per ounce. It will take higher prices to move more of that gold out of the eligible to the deliverabl... Read More

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