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Portents of something … nothing?

Posted by ipso facto @ 10:56 on November 20, 2015  

snip

We can only speculate what might of “spooked” the entitled owners of that gold to take it away from the Comex.

However, I will say this confidence: whomever removed that gold decided that they no longer trusted JP Morgan to safekeep it. It’s interesting because the Comex offers storage rates that are a significant discount to market rates to investors who take delivery off the Comex and use the Comex vaults for safekeeping.

Whatever the case may be, nearly 50% of ALL of the gold in Comex vaults has been removed since 2011 (source: 24hgold.com, edits are mine – click to enlarge):
– See more at: http://thedailycoin.org/?p=52258#sthash.wp6HNM9O.EI31guG2.dpuf

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.