"But aren't there printing presses printing gold contracts for gold that does not physically exist?"
Yes there are virtual printing presses doing just that.
Please don't confuse paper gold contracts with the real thing, gold metal.
With a huge number of paper gold "claims" on every ounce, the so-called claimants have no hope of taking delivery of the metal. That is certainly not the purpose of the Comex.
Paper gold is .
23.
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