Alasdair Macleod: recent paper gold and silver selloff is linked to futures expiry, not physical demand. He says bullion banks and swaps desks are cutting shorts and shifting positions between London and Comex, distorting spot signals.
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Alasdair Macleod: recent paper gold and silver selloff is linked to futures expiry, not physical demand. He says bullion banks and swaps desks are cutting shorts and shifting positions between London and Comex, distorting spot signals.
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