by Craig Hemke, Sprott Money:
Understanding COMEX EFP and Its Historical Context
Longtime readers may recall that I’ve been using these weekly Sprott Money posts to highlight the use and abuse of the COMEX Exchange For Physical (EFP) system since late 2017 when Eric Sprott asked me to start monitoring the daily EFP volume. It’s time for an unusual and unexpected update.
But first, where to start? Perhaps with some old links as background? Here are a few from the period of 2018-2020: