hohoho，黄金的牛市高潮就要来到了。# Stock
g*n
1 楼
大家全部要求实物交割!
JP Morgan to get squeezed on physical gold:
...Chavez earlier also announced that he would recover virtually all gold
that Venezuela hold abroad, starting with 99 tons of gold at the Bank of
England. As the WSJ reported earlier, "The Bank of England recently received
a request from the Venezuelan government about transferring the 99 tons of
gold Venezuela holds in the bank back to Venezuela, said a person familiar
with the matter. A spokesman from the Bank of England declined to comment
whether Venezuela had any gold on deposit at the bank." That's great, but
not really a gamechanger. After all the BOE should have said gold. What
could well be a gamechanger is that according to an update from Bloomberg,
Venezuela has gold with, you guessed it, JP Morgan, Barclays, and Bank Of
Nova Scotia. As most know, JPM is one of the 5 vault banks. The fun begins
if Chavez demands physical delivery of more than 10.6 tons of physical
because as today's CME update of metal depository statistics, JPM only has
338,303 ounces of registered gold in storage. Or roughly 10.6 tons. A modest
deposit of this size would cause some serious white hair at JPM as the bank
scrambles to find the replacement gold, which has already been pledged
about 100 times across the various paper markets. Keep an eye on gold in the
illiquid after hour market. The overdue scramble for delivery may be about
to begin.
http://online.wsj.com/article/SB1000142405311190339290457651296
JP Morgan to get squeezed on physical gold:
...Chavez earlier also announced that he would recover virtually all gold
that Venezuela hold abroad, starting with 99 tons of gold at the Bank of
England. As the WSJ reported earlier, "The Bank of England recently received
a request from the Venezuelan government about transferring the 99 tons of
gold Venezuela holds in the bank back to Venezuela, said a person familiar
with the matter. A spokesman from the Bank of England declined to comment
whether Venezuela had any gold on deposit at the bank." That's great, but
not really a gamechanger. After all the BOE should have said gold. What
could well be a gamechanger is that according to an update from Bloomberg,
Venezuela has gold with, you guessed it, JP Morgan, Barclays, and Bank Of
Nova Scotia. As most know, JPM is one of the 5 vault banks. The fun begins
if Chavez demands physical delivery of more than 10.6 tons of physical
because as today's CME update of metal depository statistics, JPM only has
338,303 ounces of registered gold in storage. Or roughly 10.6 tons. A modest
deposit of this size would cause some serious white hair at JPM as the bank
scrambles to find the replacement gold, which has already been pledged
about 100 times across the various paper markets. Keep an eye on gold in the
illiquid after hour market. The overdue scramble for delivery may be about
to begin.
http://online.wsj.com/article/SB1000142405311190339290457651296
