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Thread: Force majeure coming for gold??

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    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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