Let's see if COMEX can create tons of physical gold bars from thin air to meet delivery
You think there is a bushel of corn at CME for every corn contract at CME?
Stick to what you know best, sticking your puny #$%$ in gold lambs in your prepper cave.
A commercial hedger, say Tiffany, is seldom interested in delivering or being delivered gold. They just want to hedge work in process, or store inventory ( therefore short) they might be simultaneously long in 6 mo say.
TAS = transaction at settlement.
It's the responsibility of future writer (shorter) to deliver gold.
Some shorts are gold mines
Sentiment: Strong Sell