Tag Archives: Declining COMEX

Declining COMEX Gold Inventories – what to make of it?

Delcining-Comex-gold-inventories

As we referenced in last weeks article on gold backwardation and negative Gold Forward Offered Rates, there has been plenty of talk around the interwebs of “high demand for physical gold and that this is backed up by falling COMEX inventories”. There have been arguments made that these falling inventories are signalling a soon to […]

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