Paper Gold Dilution Hits 294x As Comex Registered Gold Drops To New All-Time Low

But while the decline of JPM gold has long been noted, it was the latest drop in total Comex registered gold which has again raised eyebrows, and which contrary to expectations it would be replenished either from external inflows or by conversion from Eligible both of which have not happened, has instead continued to decline. According to the latest data, total Registered gold dropped by another 11% overnight to just 134,877 ounces, just over 4 tonnes and another all time low...

Paper Gold Dilution Hits 294x As Comex Registered Gold Drops To New All-Time Low