Craig Hemke at Sprott Money: Gold offtake is the trend, so don't be distracted

Section:

6p ET Tuesday, September 15, 2020

Dear Friend of GATA and Gold:

With gold demand suddenly having transformed the New York Commodities Exchange into a mechanism of physical delivery, disgorging more gold in a few months than it used to deliver in whole years, the TF Metals Report's Craig Hemke today warns investors not to be distracted by daily events but to watch the main trend.

Hemke, writing at Sprott Money, advises: "Set yourself on a steady course of consistent accumulation of physical precious metal. Do not settle for unallocated accounts, and avoid the shares of exchange-traded funds like the GLD."

Hemke's analysis is headlined "Comex Delivery Update" and it's posted at Sprott Money here:

https://www.sprottmoney.com/blog/COMEX-Delivery-Update-Craig-Hemke-Septe...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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