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Asahi vault 30 miles outside NYC added to COMEX approved vault list
Those who keep an eye on the well-known COMEX daily gold and silver inventory reports, (officially titled CME’s “) will by now have noticed that a new depository / vault called “ASAHI DEPOSITORY LLC” has recently made an appearance on the reports, specifically since May of this year. COMEX inventory reports are always of keen interest in the precious metals space because they show, at least in theory, how much physical gold and silver in held within a group of ‘approved’ depositories / vaults in and around New York City to backstop or meet delivery obligations connected to the trading of and contracts on ... (full story)