Yesterday, Today, Tomorrow?...................from Rico

Consider that the GOFO (Gold Forward Offered Rate) has been negative for an unprecedented 20+ days now.

- This usually means there is "stress" in the physical Gold market [read: there is a supply shortage].

On Wednesday JPM asked HSBC for some of its physical Gold.

Yesterday JPM asked Scotia Moccatta for some of its physical Gold.

Between the HSBC transfer and the Scotia Moccatta delivery, what happens today?

- And how long before someone thinks to 'ask' why THE biggest bank by balance sheet is trolling for Gold?

This despite an incredible (and statistically impossible) PERFECT trading record for every day of the first six months of this year?

- Are the numbers faked, and the system faked, but the real 'proverbial' about to hit the oscillating fan blades? If so, it will not be distributed evenly.