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Craig Hemke at Sprott Money: Comex gold delivery update
12:50a ET Wednesday, May 5, 2021
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing this week at Sprott Money, shows how the New York Commodities Exchange's gold futures market, previously almost entirely a derivatives operation, has been required to make huge deliveries of metal over the last year, totaling many times the amounts of gold delivered on the exchange in previous years.
Now, as a result, Hemke concludes, "Comex gold is subject to the same pressures and squeeze potential as Comex silver."
Hemke's analysis is headlined "Comex Gold Delivery Update" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/COMEX-Gold-Delivery-Update-Craig-Hemke-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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