Thursday, April 25, 2013

JPMorgan's Eligible Gold Plummets 65% In 24 Hours To All Time Low

Incidentally, JPM now has just under a paltry 5 tons of eligible gold left in storage.

We hope this is also the maximum exposure it faces for imminent delivery requests, because if tomorrow it receives withdrawal requests for 141,581.5 ounces +1, then things get really interesting.