My good friend Laura Stein sent me this and I knew it would be of interest to all of you.
“Did you see Jim Brown’s comments in Option Investor re the physical gold shortage is growing. JPM reported that on Thursday the single largest withdrawal in history took place when exactly 321,500 ounces were taken. Registered gold in JPM vaults has fallen to the lowest level in history at 87,000 ounces. December 13, 2012 there was same amount was withdrawn. Total in warehouses have hit a low of 400,000 ounces–92 owners.”