2013-07-28gata.org

``Mylchreest concurs that there is great stress in the gold market and notes a report done for the Reserve Bank of India in January estimating that the gold paper and derivatives market is 92 times larger than the market for real metal... "Rabobank has followed in the footsteps of ABN Amro in suspending delivery of physical bullion to its clients. With rumors circulating that a major bullion bank is preparing to change its delivery agreements, the implication being that it too will suspend or curtail physical delivery, we are wondering whether the breakdown in the physical versus paper gold markets is approaching ... leading to price discovery for physical gold itself."''



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