A massive price tornado is brewing for precious metals.
Comex Outflows Spell Trouble for Physical Metal Supply Chains
Comex Outflows Spell Trouble for Physical Metal Supply Chains
Over the last year, banks and investors have silently removed physical metals from the Comex. There is -36.8% less gold, -43.4% less palladium, -53.9% less platinum, and -17.3% fewer silver holdings than a year ago.
There are a few terms to understand about the chart. The words are eligible, r…