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Craig Hemke at Sprott Money: Gold bank run won't start at the Comex
4:50p ET Wednesday, January 25, 2023
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing today at Sprott Money, concludes that no serious gold action is taking place on the New York Commodities Exchange. Rather, Hemke writes, the same four big banks are just shuffling among themselves the contracts nominally being bought and sold.
When a run on the gold banking system develops, Hemke writes, it's not likely to happen at the Comex.
Hemke's analysis is headlined "Comex January Gold Deliveries" and it's posted at Sprott Money here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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