Banks Take Note: The Comex OI and Spec Biz Now in China
Founders AM | Institutional Insights
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For now: 2 bullion banks are taking note of the Shanghai exchanges’ eclipsing the Comex with interest. One views it as a sign this rally isn’t over. The other is looking at it sideways and noting the increasing marketshare divergence.
Both are hopefully/likely correct… Just know we discussed it 2 days ago here.
Until we get to these, Enjoy