Gold traders take RECORD physical gold deliveries on COMEX gold future contracts.
Paper-to-physical gold rush. The real reason for record gold prices.
Paper gold system collapsing as we speak. Gold needs to revalued to much higher levels imho.
#Bloomberg #Huge
US always used future markets (COMEX) to control gold prices, by flooding the market with ‘paper gold’. This worked perfectly for almost 50y. Physical deliveries were low so Wall Street traders could control the price for most of the time
Since March we have seen a collapse in paper trading by some 50% and Banks stopped trading.
Now we have proof of ever increasing amounts of physical deliveries = system is broken
- (much) higher gold prices in not too distant future (Bank of America understands and calls for $3000)
- COMEX failure?!
- Revaluation of gold price to much higher levels by central bankers to stop retail/HNW demand
Etc, etc
Educate yourself And Download The Big Reset for free - en.cdfund.com/download-the-b…
It’s all there, and a little bit more. Our 🎁 to you.