Massive Gold Withdrawals Rock The COMEX [SPDR Gold Trust (ETF), iShares Silver Trust (ETF)]

Just weeks ago, they also experienced a large withdrawal of 321,500 oz. Greatly depleting their inventory.

The banking cartel is going to have to let prices move higher, and move higher fast.

This is not a battle they can win. If they completely lose control of the physical market and have no inventory, then the COMEX is in default.

The physical market will then be the driving force, pushing the paper market aside.

The manipulators know this, they know that they pushed prices too low, now the question is, when will their strategic retreat to higher prices commence?

This article is brought to your courtesy of The Silver Bug.

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