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A massive price tornado is brewing for precious metals.
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A massive price tornado is brewing for precious metals.

Comex Outflows Spell Trouble for Physical Metal Supply Chains

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VBL
Apr 23, 2023
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GoldFix
A massive price tornado is brewing for precious metals.
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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…

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