The Comex is on fumes and can no longer make good on physical gold bar deliveries, so CME Group has turned to the LBMA for a physical bullion bailout, but don't hold your breath while waiting for those cargo planes full of the yellow metal, they're not coming. Just more paper promises while the precious metal stays put in the LBMA vault. So the age old question remains, GOT PHYSICAL?
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SGTreport: THE FLIGHT TO PHYSICAL METAL HAS BEGUN -- James Anderson & Tyler Wall 03-26-2020
- Written by SGTreport
- Category: Financial News
- Hits: 416