You are here
TF Metals Report: Comex conundrum
8:44p ET Monday, November 11, 2015
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson writes tonight that the gold ready for delivery against Comex futures contracts for December seems to cover only 17 percent of the contracts still open and standing. Superficially this would imply a shortage of metal. But how much metal can central banks and their agent bullion banks still mobilize in a pinch for price suppression? That is the question on which every government-issued currency in the world will rise or fall, and you can be damned sure that while the TF Metals Report asks it, the Financial Times and The Wall Street Journal never will. Ferguson's analysis is headlined "Comex Conundrum" and it's posted at the TF Metals Report's Internet site here:
http://www.tfmetalsreport.com/blog/7302/comex-conundrum
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Free Storage with BullionStar in Singapore Until 2016
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop-shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage is FREE until 2016 and will have the most competitive rates in the industry thereafter.
For more information, please visit Bullion Star here:
Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
