by Craig Hemke
The year 2020 will be remembered for many things, not many of them good. However, we will also recall 2020 as the year the LBMA/COMEX consortium nearly failed, and then since that event in late March, it has also been the year when the CME Group, in a desperate attempt to maintain the legitimacy of their price discovery scheme, was forced to convert their COMEX into a physical delivery vehicle.
It seems that we’ve written about this almost monthly since all the changes began back in April. Here’s just one link with details, but I encourage you to search the Sprott Money site for more articles on the subject from some of their other authors, as well.