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“A main bank can also be book silver to 1 of your own London Bullion Field Connection banking companies, which include higher people such Goldman Sachs, Citibank, JPMorgan Pursue, and you may HSBC. Gold leasing is often presented thanks to an enthusiastic unaccountable intermediary known as Lender to have Around the world Agreements. As previously mentioned next upwards, the small industrial people apart from the top 8 shorts, Ted’s raptors, are in reality merely web long gold from the 741 COMEX contracts… Off from the 5,525 agreements these were net enough time inside past Friday’s Crib Report. While the cut-away from on the Friday, it is currently a given that they’re today internet small silver. As i said the other day, these days it is certain there is a managed currency buyer, or maybe more than simply one to, which have an enormous sufficient short reputation getting somewhere in the brand new Big ‘5 thanks to 8’ industrial class.

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