It has been long since I did an update on COMEX.
But looking at the charts here, I would say we are seeing another spike in leverage in paper gold. Registered gold is low (blue line), while eligible gold is high (red line).
Leverage is spiking. This means gold is bottoming out.
But looking at the charts here, I would say we are seeing another spike in leverage in paper gold. Registered gold is low (blue line), while eligible gold is high (red line).
Leverage is spiking. This means gold is bottoming out.
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