https://srsroccoreport.com/death-of-paper-gold-picks-up-speed-big-time-today/
Now, why is this so interesting? Because, this now suggests a tightness in the paper gold market due to the last several years of surging physical gold demand…. especially now that China has recently become an “official” Central Bank buyer of gold.
If we look at the increase in Blackrock’s iShares IAU ETF gold inventories, they have increased 1.2 million (Moz) in the first 2 months of the year:
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