Runs On Physical Gold & Silver Making Paper Prices Irrelevant?

• WallStForMainSt
  This week, paper gold prices had their best week since 2008 https://www.marketwatch.com/story/gol…
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  However, the volatility in paper gold and silver prices has been absolutely enormous! Early this week, gold prices swung around $200/oz in around a 24 hours period. They got as low as $1480/oz and then went up to $1689/oz before the paper price was smashed down to current levels.
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  Many bullion dealers are charging enormous premiums for their physical gold and silver, if they have any metal in stock at all. Some silver premiums are $10/oz or higher and gold premiums are $140/oz or higher.
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  ‘There is no gold.’ Bullion dealers sell out in panic buying https://www.marketwatch.com/amp/story…
  Fed move awakens gold, just as supply of the metal hits a snag https://www.marketwatch.com/amp/story…
  Global Gold Price Markets Broken & Record U.S. Mint Gold & Silver Eagle Sales https://www.zerohedge.com/news/2020-0…
  Bullion Banks are even having problems! ABN Amro Abandons 106 Year Physical Gold Business, Clients Forced To Sell https://www.zerohedge.com/commodities…
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  And, of course, the CME, owners of the COMEX and the LBMA are charging the rules starting with margin requires and deliver rules:
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  1) “The Gold Market Is Breaking Down”: Gold Spreads Explode As LBMA Warns Of Liquidity Problems https://www.zerohedge.com/commodities…
  2) CME Urged To Change Physical Gold Delivery Rules Amid Market “Breakdown” https://www.zerohedge.com/commodities…
  3) What’s Causing The Gold & Silver Sell-off? https://www.peakprosperity.com/whats-…
  4) CME boosts margin requirement for gold futures https://seekingalpha.com/news/3554973…
  5) CME Group To Change Gold Futures Contracts, Increases Margin Requirements https://thedeepdive.ca/cme-group-to-c…
  6) Gold margin changes by CME since 2009 https://www.kitco.com/news/2020-03-25…

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