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Dave Kranzler: The Comex has defaulted on gold
1:05p ET Tuesday, March 31, 2020
Dear Friend of GATA and Gold:
Elaborating on Bullion Star analyst Ronan Manly's report today on the use by the New York Commodities Exchange of futures contracts that offer 400-ounce gold bars when there are none in the Comex system --
-- Dave Kranzler of Investment Research Dynamics notes that the Comex already has defaulted. His commentary is headlined "The Comex and LBMA: Paper Gold on Steroids" and it's posted at IRD here:
https://investmentresearchdynamics.com/the-comex-and-lbma-paper-gold-on-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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