This weeks commodities stirring


As investors can see in the graph above, registered gold stocks have dropped to levels where only 1 ounce of registered gold is backing 255.6 claims on that ounce – the highest levels we’ve ever witnessed. That is a BIG spike over the past few weeks as the ratios are going parabolic.This is something that gold bulls should love to see as high owners-per-registered-ounce ratios mean fewer physical ounces per contract ounce – a definite positive. In fact, before 2013 we had never been at even 40 owners per registered ounce – so we’re truly entering uncharted territory.http://seekingalpha.com/article/3522396-comex-available-gold-continues-to-drop-and-why-that-should-matter-for-investors” target=”_blank”