Gold Stock Update - Gold Is An Unlikely Tariff Target
Gold Is An Unlikely Tariff Target
It certainly felt like traders were worried about the right thing but in the wrong place over the last several months.
They have been stockpiling gold in Comex warehouses since November. That trend peaked in April after 27 million ounces of gold had been transferred to Comex.
The reason for that rush to move gold to the US…