BREAKING NEWS: URGENT! 50% of COMEX “Eligible” Gold Is Still ***NOT*** “Eligible As Deliverable Supply”

READ HERE:

The Deliverable supply of gold according to the Commodities Exchange (COMEX) and CME = Registered + 50% of Eligible.

This means that there is far less gold than imagined in COMEX vaults to meet gold futures contracts deliveries.

CME’s latest letter to the CFTC, dated 9 December 2024 (after the NY-LN spread had already started to blow out), says that: “Deliverable supply is calculated as the sum of total reported registered gold with total reported eligible gold, after taking a 50% discount for eligible gold.”