Force majeure coming for gold??

COMEX Gold Market Is in Failure — Major Losses by Banks, Force majeure likely (twitter) http://dlvr.it/RSVZlR


1/2 I’ve received some important information relating to what’s going on in Gold markets. Today, some banks failed to deliver physical in the comex bar EFP. As a result, these banks suffered large losses which will soon be announced. They’ve also decided to exit the comex market.
6:22 PM · Mar 24, 2020·Twitter Web App

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Roy Sebag



@roysebag



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Replying to @roysebag


2/2 Now there remains a big shortage in physical in the comex denomination so rumors are the Comex will announce a force majeure and allow banks to deliver LBMA bars instead. This should be announced imminently.








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