Ah, well, it didn't matter much when we went up to 1900. Gold futures are leveraged against the real thing 100:1, or worse with rehypothecation. That one's a real doozy - selling futures contracts on the same gold bars repeatedly due to the fine print in unallocated vs allocated accounts.
Page me when the delivery demands start rolling in.
That is exactly what will happen I am sure, All it will take is one cleaver hedgefund to put bets on and then demand delivery. It is the easiest short squeeze in history! however, that is all speculation, we must trade the charts and the charts have just shown a very strong bullish sign