There’s a ‘Very Dangerous Situation’ Taking Place in the Comex’s Gold Vault

by Byron King, the Daily Reckoning
Business Insider

Something big is happening with gold. Over the past few years, if you bought and owned gold and gold mining shares, it’s been frustrating with gold prices in the doldrums of 2015, 2014, 2013, 2012. That’s four years of downside correction. But, that was then, and this is now. Let’s discuss what’s happening and nail down some serious opportunity …

Follow the money and right now money is moving into gold and select miners. In fact, there’s so much interest in “paper” gold that physical supply has utterly broken down. As in … crashed and about to burn in a roaring fireball!

This is critical. The amount of physical gold in storage in Comex versus the number of registered “owners” against each ounce is nuts.

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