Commodity Trade Mantra

Posts Tagged ‘Physical Gold and Silver Buying’

Large Withdrawal From JPMorgan’s Gold Inventories In A Day

JP Morgan lost nearly 15% of its total gold inventories in one day. If you look at the COMEX Gold Inventory table closely, you will notice that the total Registered Gold inventories are a lousy 351,519 oz. This is less than peanuts. Two withdrawals like JP Morgan experienced on Thursday, would totally wipe out the Bankers Registered gold inventories.

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