Gold Deliveries Indicate Drain On COMEX

Ever since the coronavirus hit, there have been liquidity issues on both the LBMA and COMEX gold centers. Which could be partly attributed to the virus shutdown, although evidence is emerging that all is not well with the precious metals system.

Ever since the coronavirus hit, there have been liquidity issues on both the LBMA and COMEX gold centers. Which could be at least partly attributed to the virus shut down, although evidence continues to emerge that all is not well with the fractional reserve precious metals system.

Now, the latest news is that - if the COMEX delivery report is to be taken at face value - there is a drain on COMEX gold. Which, Dave Kranzler of Investment Research Dynamics joined Chris Marcus on the show to discuss.

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