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Message: Something Just Snapped At The COMEX (Updated) 228:1 Ratio

Tyler Durden (ZeroHedge) Something Just Snapped At The Comex This means that what was already a record dilution factor, with over 200 ounces of paper gold claims for every ounce of deliverable gold, just soared even more, and following today’s 8% drop, there is now a unprecedented 228 ounces of paper claims for every ounce of deliverable “registered” gold.

Note: The chart accompanying this article just screams “take delivery”! If you don’t, one of the other 227 “owners” of that same ounce of gold will . . . and you’ll be out in the cold without your gold. Or you can just buy physical in the first place and there will be no questions as to ownership.

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