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LBMA and COMEX try to Reassure the Market – Twice in One Week

Summary:
In the space of a week, the bullion bank dominated LBMA and CME(COMEX) in an air of panic, have issued not one, but two rushed out statements to try to placate the global gold market. In the modern gold market this is unprecedented. While LBMA-CME claim that physical gold stocks in London and New York are at healthy levels, the reality is far more concerning. Continue reading… Powered by WPeMatico Post Views: 6

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In the space of a week, the bullion bank dominated LBMA and CME(COMEX) in an air of panic, have issued not one, but two rushed out statements to try to placate the global gold market.

In the modern gold market this is unprecedented. While LBMA-CME claim that physical gold stocks in London and New York are at healthy levels, the reality is far more concerning. Continue reading…

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