This is the weekly progress report on the squeeze on COMEX gold futures.
- There are still a total of open buy and sell contracts for 42.5 million ounces of gold, which looks a lot when compared with the holdings that are eligible for delivery.
- But there is the usual scurry(judging by the blue line and my projection) by both buyers and sellers to avoid either delivering or taking delivery of physical gold.
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It looks like maintenance of the status quo.
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COMEX December Contract Squeeze, page-31
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