Bullion Banks Have "No Way Out" From Big Gold Shorts

08-08-2020 • https://www.zerohedge.com by Alasdair Macleod

There appears to be no way out for the bullion banks deteriorating $53bn short gold futures positions ($38bn net) on Comex. An earlier attempt between January and March to regain control over paper gold markets has backfired on the bullion banks.