ENORME EMBROUILLE imminente sur le CUIVRE
There is something very bizarre happening with the Comex copper warehouse inventories. The non-warranted copper (same as eligible category for gold & silver) is down to a mere 20 tons, which is valued at less than $75,000.
This is copper deposited at the warehouse for safe-keeping (?), such as for long-term investors, and not for delivery.
This begs some questions. Is this an old fashion bank run occurring with Comex copper deposits?Could this be an indication of something significant on the horizon, such as a moratorium on metal deposits?
Perhaps these investors were offered a deal they couldn't refuse, such as significant above market prices for their copper by the interventionists.
In time it will be revealed.
All the best,
When gold takes out $500, we will hear more and more feedback like this … only a mater of time before a number of toxic hedge books blow up:
Silver is king, Go Gold !
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