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When a hot gold trade blew up, the rush for 100-ounce bars began

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BNN Bloomberg/Joe Deaux, Yvonne Yue Li and Jack Farchy/3-28-2020

“But the virus, and the global economic collapse that it’s sparking, have created such extreme price distortions that those easy-exit options disappeared on them. Which means that they suddenly faced the threat of having to deliver actual gold bars to the buyers of the contract upon maturity.”

USAGOLD note:  Brother, can you spare a 100-ounce gold bar?