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<p>[QUOTE="medoraman, post: 2233629, member: 26302"]The supply of gold on COMEX is related to how much people wish to use it for backing paper trades. It has absolutely no bearing on physical inventories. If it did, it would have went down went markets were spiking, and in fact it went up then because more people wanted to write paper contracts with it.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2233629, member: 26302"]The supply of gold on COMEX is related to how much people wish to use it for backing paper trades. It has absolutely no bearing on physical inventories. If it did, it would have went down went markets were spiking, and in fact it went up then because more people wanted to write paper contracts with it.[/QUOTE]
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