Re: Comex gold inventory...I hope gold goes to the moon because I have a significant holding, but the current inventory issues are very much impacted by the difficulty to transfer holdings from London as well as the shutting down of mines and refiners because of the virus. I'm well aware that gold bulls have been predicting for as long as I can remember that eventually demands for delivery would overwhelm the "paper gold" market but I guess I'll believe it when I see it. In the meantime the action is gold is clearly bullish which I'm happy about but I've seen gold get beaten up on breakouts enough times in my life to curb my enthusiasm just a little :-)

    Oh, and thanks for all your posts -- some really interesting ones and some great charts!

    Macrovoices: Jeff Christian on goldThe

    Posted by disciple33 on 23rd of Apr 2020 at 02:25 pm

    Macrovoices: Jeff Christian on goldThe linked podcast explains this very well, imo, puma. 

    Disciple33 -- thanks for the

    Posted by puma on 23rd of Apr 2020 at 03:56 pm

    Disciple33 -- thanks for the link. Interestingly enough I listened to it when it came out and it makes good sense to me. 

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