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Reuters/Eileen Sorenjg
“The latest published numbers show record stocks of 8,326 tonnes of gold in London, which is equivalent to 666,045 standard 400-ounce gold bars, according to the LBMA, which oversees the London trade hub. Meanwhile, CME said its New York depositories held 9.2 million ounces of gold with 5.6 million ounces eligible as of March 30, nearing a record high in terms of stock levels.”
USAGOLD note: So why the angst and attendant hullabaloo about a COMEX gold bullion shortage over the past ten days?
Repost from 4-2-2020