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'Owners Per Ounce' of Gold at the Comex

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Jesse
Le Cafe Americain
Published : July 08th, 2015
73 words - Reading time : less than a minute
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The trend of the 'owners per ounce' on the Comex is climbing as the amount of paper bets increases and the ounces of gold bullion for sale at these prices decreases.

There is more than sufficient gold in private hands to satisfy the demands of the increasingly paper leveraged Comex. Just not as these prices perhaps, despite the heavy handed attempts to knock the open interest out of the hands of the longs.
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