Loading ...The boy who cried wolf, again.
That is what I think of when I hear the words COMEX, default or force majeure. However, one of these days it is bound to happen and I hope that day is NOW.
https://www.sprottmoney.com/blog/COMEX-Silver-in-September-craig-hemke-august-25-2020
You have been around the PM market a long time Aurum
How many times have we heard this ?
What makes you feel it may be different this time ?
I stated, “the boy that cried wolf, again”. As if to say how many times have we all heard this. I will say that the numbers are beyond staggering from what we got excited about in the past. I don’t know if it ends this month but like the article you posted by David Schectman stated, the end is nigh.
From the Sprott Article, heard it before, but this does look rather ominous.
Exactly Hearst, those are some tall birthday candles.
“…COMEX delivered more gold over just these past three delivery months than they did during the ENTIRE PERIOD of 2016-2019.”
Makes sense to me because the past few months have returned to my portfolio what 2016-19 took away. It’s like four years of recovery in four months. I think it’s a different market now. The last four years have been like a long take off run and we’ve just lifted off. But then, I said we’d have $2200 gold by next Monday too.