Loading ...The London mkt is way bigger in phys than crimex and way bigger in trading Vol……
No idea of the exact ratio, as London never really discloses what goes through…it is a very secret mkt.
But was thinking about the LBMA statement…the Crimex mkt must have collapsed at one point today, which explains why the LBMA says they will bail them out….but can they ????……JPM and it Ag shorts ain’t looking very clever as of now…… as they cannot get the silver anywhere, if the refiners and mines close……they will have to pay up.
Good to the scum take 4 % off GDX in last 3 minutes….they really do deserve all they are gonna get.