With that also the manipulation will end. And look who is transferring this registered silver and gold bullion into eligible assets. Yes, J.P. Morgan.
J.P. Morgan's vault has 40% less physical gold and 16% less physical silver in just one day. Suddenly, the amount of registered gold has hit a multi month low.
When registered inventory falls that means that either
BeantwoordenVerwijderen1. The inventory has been transferred to eligible and/or
2. The inventory was delivered for a futures exchange
Is the second what you mean by dumped?
And how do we know that open interest fall?
And how much was "dumped" vs transferred to eligible.
I mean that registered declines and that always correlates to open interest declining. If open interest doesn't decline, then there will be a shortage of physical bullion.
VerwijderenThe total amount of inventory hasn't changed.
Nice blog post about Very Large Shift from Registered to Eligible Gold. Your information is really informative for us ............
BeantwoordenVerwijderenThanks
Liberty gold coin