"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." - Roy Sebag (founder of #goldmoney)
#gold #comex #lbma #finance
https://twitter.com/roysebag/status/1242577788957339651
Roy Sebag on Twitter

“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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