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Chart of the Day: Epic Plunge in Total COMEX Gold Inventory

from Silver Doctors:

Today’s chart of the day examines the epic plunge in total COMEX gold inventories, as total COMEX registered and eligible gold holdings have nearly been sliced in half over the past 6 months, from nearly 12,000 oz to 7,961 oz, and only a few small withdrawals from breaking the previous lows sit in the 2008 panic low.

To put the COMEX gold inventory plunge in perspective, let’s just say that the 5 year inventory chart resembles silver futures at any day at 8:15am EST

Read More @ Silver Doctors

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