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.
It looks like maintenance of the status quo.
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COMEX December Contract Squeeze, page-31
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