The tariff excuse is pure BS. Most likely reason is the Comex is trying to avoid default….but nothing makes perfect sense. The Comex has had historic deliveries being made, and their Gold must be “ good delivery bars”.
Some really Big, HUGE entity is taking delivery, big $$$. Comex deals in paper contracts and was not prepared for all the physical deliveries ,or, .Gov is repatriating Gold in a hurry.
Financial greats like Grandrich, Schiff, Holter, MacLeod, etc ALL agree, something really huge and historic is happening.
GATA.org has been covering gold for two decades. A must read site:
A non-profit organization.
Agreed, the tariff crap is a cover story.
Another real possibility, besides the COMEX issue you site, is anticipation of a Trump/RonPaul Ft. Knox Audit. The flights to NYC would be followed by over-land shipments to Kentucky, to fill the currently empty Ft Knox vaults for the audit.
And, then once we hear that Ft Knox “has the gold”, Trump/Paul continue with the audit, and uncover the massive fraud of hypothication, re-hypotication, re-re-re-etc-hypothication, blowing the lid off paper gold.
Any guesses why the CEO of JP Morgan, Jaime Domon, just sold over $200 million of stock options?