J.P. Morgan has now almost converted all of its eligible gold into registered gold.
On the silver stock, we don't see anything significant happen yet.
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| Chart 1: Gold Stock COMEX |
Monday 1 April 2013
COMEX gold update: J.P. Morgan converts almost all of eligible gold to registered gold
Posted on 14:29 by Unknown
And again, over the weekend, J.P. Morgan converted its eligible gold into registered gold. I predict that we will see the total gold stock decline once again as a rise in registered gold means people will take delivery.
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