The timing is no coincidence, with many speculating that this is a strategic move to distance itself from the looming collapse of the London Bullion Market Association (LBMA). The implications are huge, signaling a potential unraveling of a market already in crisis, leaving many to wonder how deep the fallout will go.
COMEX:
Delisting of the Gold Kilo Futures, London Spot Gold Futures, London Silver Spot Futures, and Cleared OTC London Gold Forwards (collateral margin) Contracts
IMHO that’s just the COMEX disassociating itself from the upcoming LBMA implosion. 😆😆😆
Thanks @InvResDynamics… pic.twitter.com/cEfdGQesaQ
— Eric Yeung 👍🚀🌕 (@KingKong9888) March 17, 2025
https://www.cmegroup.com/content/dam/cmegroup/notices/ser/2025/03/ser-9515.pdf
Gold prices look prime for a run next week(s) to well above $3,000/oz
Silver is gaining energy for a catch-up move to gold’s records. Expecting some big fireworks for silver prices in the months ahead.
Gold + Silver stocks moving closer to an accelerated catch-up move as well.
— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) March 16, 2025
One question eric, in your opinion, what will happen if LBMA implodes ? Gold price skyrocket ? And what you think will happen to financial instruments across the globe that tracks lbma price for its nav ?
— manvir (@_ManvirKang) March 17, 2025
This 😃👇
The COMEX won’t fail if they force the shorts to cover directly on COMEX #Gold & #Silver futures. It will just be a traditional short squeeze and the prices of Gold and Silver gap up.
— Eric Yeung 👍🚀🌕 (@KingKong9888) March 17, 2025