.@ChairmanHeath opening statement on #positionlimits. “Today’s proposal is a pragmatic approach that will protect our agricultural, energy, and metals markets from excessive speculation.”
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If the CFTC will limit positions on commodity futures to "25% of the deliverable supply" what measure will it take for gold and silver? The metal in COMEX approved warehouses, or the total above ground supply?pic.twitter.com/CCjSOiIIow
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For gold/silver the difference with i.e. corn is enormous, as the former have huge above ground stocks.https://www.voimagold.com/insight/the-essence-of-gold-supply-and-demand-dynamics …
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