Loading ...I did look at the last couple of COT’s and you’re right, it appears they are covering in gold.
Demand being driven by the banks is an interesting development. Sinclair always said they’d join the party someday.
BTW – I find it interesting that gold bars all the way down to 1 oz. bars are out of stock at my gold dealer. Seems that when demand gets down to these dealers, shortages can’t be too far away.