Incredible things are happening in the gold markets.
COMEX is rushing to take delivery of millions of ounces of gold from LBMA as the BoE gold certificates trade far below spot prices, indicating that the market doesn’t believe they have the gold.
This is a game of hot potato.
Who has the gold? 🤔
I’ve got a (very little) bit of it, but I’ll sell it to you for more sats.
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