With the price of gold continuing to trader above $2,000, massive amounts of physical gold are being taken off the market around the world.
April 15 (King World News) – Alasdair Macleod, head of research at Goldmoney: “Look at how much (physical gold) is being delivered out of Comex. Standing for delivery this year, from January 1st, has been 118 tonnes. This is a very, very serious drain on Comex resources and liquidity in the market. And we’ve seen this on the rise in the gold price — how every time they’ve tried to knock the price back…to continue listening to Alasdair discuss the collapsing available physical gold and the other big catalysts for the gold and silver markets CLICK HERE OR ON THE IMAGE BELOW.
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