Why Does COMEX Need Gold From Australia To Meet Delivery
Arcadia Economics Gold & Silver Podcast
English - May 02, 2020 01:25 - 19 minutes - 27.4 MB - ★★★★★ - 14 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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As time goes by, it gets harder and harder to have faith in the COMEX gold and silver delivery system. Where now the COMEX is having bars flown in from the Perth Mint in Australia just to meet delivery demands.
Interestingly, last week precious metals dealer Andy Schectman of Miles Franklin mentioned that most of his product was coming from the Perth Mint as well. Which means that a lot of the world's metal is counting on that one source.
To find out what that all means, click to listen to the video now!