Tuesday, August 4, 2015

I.O.U. or the Real Thing?

The number of the gold open interest on Comex is 123 times the actual gold available for delivery.


Mmm, maybe.

I wonder what happens if people take delivery?

1 comment:

  1. Comex is not an exchange where traders play to take physical delivery of gold, however. That is a distinction which belongs to the Shanghai gold exchange.



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