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What happens if the world’s key metal exchange has no metal?


Yahoo!Finance/Jack Farchy and Mark Burton – Bloomberg/10-21-2021

“[W]ith available copper inventories at LME warehouses falling below 20,000 tons — less than China’s factories consume in one day — traders are grappling with the possibility that there simply won’t be metal available to deliver.”

USAGOLD note: Obviously, if there’s an availability problem with metals like copper there can just as easily be the same with gold or silver – a prospect we should not take lightly.

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