COMEX Gold Inventories: Registered Gold Drops To New Lows
We have covered the rapidly declining COMEX gold inventories
in previous articles, but COMEX inventories continued to drop with
registered gold inventories hitting their lowest levels ever, though we
did see some positive gains in eligible gold on the week.
This is something that should be very relevant to investors who own physical gold and the gold ETFs (GLD, PHYS, and CEF)
because any abnormal inventory declines may signify extraordinary
events behind the scenes that would ultimately affect the gold price.
As my good friend Jesse would say " Stand and Deliver " ...Quick we need a Diversion...Hmm how about al Qaeda in every ones back yard... Save the Children .Granny save the Children...
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