Comex Report: Ignore The Paper Price And Watch The Physical Metal

SchiffGold4.37K FollowersFollow5ShareSavePlay(8min)Comment(1)SummaryDespite the fall in gold prices this month, this March saw the highest deliveries for a minor month since last May.While the gold market is showing a futures price that is getting higher above the spot rate, the silver market is experiencing the opposite problem, backwardation.If Comex starts forcing cash settlement, then it will be clear that the paper and physical markets have fully dislocated. asbe/iStock via Getty Images The CME Comex is the exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME This article was written bySchiffGold4.37K FollowersFollowSchiffGold is a full-service, discount precious metals dealer specializing in investment-grade gold and silver bullion. We offer a range of related services, from vault storage partners to physical gold IRAs. Renowned investor Peter Schiff founded SchiffGold in 2010 to provide a trustworthy source of bullion for his brokerage clients. Peter has always advised long-term investment in physical precious metals as an inflation-proof store of value. Unfortunately, he found far too many gold buyers were getting swindled by big companies pushing numismatics at high markups. SchiffGold is his answer — an honest gold dealer that sells only the most liquid bullion products in the world at the lowest possible prices.