Hi, Richard, glad your shoulder's are broad. The recent additions to GPM Thread family is shoooore gonna liven up things a little. Me? I personally think it is a rather accurate barometer of a sea change in public awareness. I've seen it on the Prodigy thread many times. All kinds of people check in when they think a gold rally is imminent. Folks that haven't been seen or heard of in months. HOPE THEY ARE RIGHT! (grin)
Now to your questions...
1. When we see the term "tonne" listed in stuff from Europe as inventory of gold, does this mean 24,000 troy oz or would this mean some sort of weird "long tonne or metric tonne"?
No, Richard it doesn't mean a 24,000 troy oz. It is one of those wierd metric tonnes thing, not the US 2000 avoirdupois poundage nomenclature.
Furthermore, a gold "troy pound" contains 12 troy ounces, not the standard 16 oz in common USA thinking terms, ok?
And a troy oz weighs 28.35 grams in avoirdupois conversion tables.
I'll go check a previous post to see if I can recapture, mentally
the avoirdupois poundage difference between "ton" and "tonne"...brb.
You continue:
2. Is this conversion part of the "Mystique" that clouds this issue of world inventory?
No, not really, Richard. Gold's mystique has more to do with its rarity and coveted historical nature since it is better than fiat or traditional barter history in which gold plays a rich historical role.
You continue:
3. Is there a list somewhere of the major metals exchanges of the world and a web site for each so one might monitor goings on of them?
No, Richard, tho' the internet speed of communication is about as close as us ordinary citizens who share the rarified air of the Rothschild barons/baronesses and Russian Spies will ever let us get.
Transparency, LDMA wise is not a whole lot more than posting office hours. Gold Markets will NEVER be transparent. Makes it easier to manipulate, you see.
In all seriousness, the LDMA has done one thing, reported previous months "AVERAGE DAILY VOLUME IN OUNCES TRADED"...the only place I've ever consistently seen this posted has been on USAGold's daily poopsheet here on the 'net.
This is getting funner and funner isn't it(grin)
Regards,
O/49r
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