The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Square_Dealings who wrote (59401)	4/24/2006 9:52:43 PM
From: Broken_Clock	Read Replies (1) of 110194

GLD avg volume is over 4,000,000 shares. I think SLV will grow quite rapidly. -g- "The deposit of the silver with the custodian in England, marking another step toward eventual trading, backs 150,000 iShares with a per-share value of 10 ounces, Barclays said." That's just trading volume. Curious as to the currrent market value in ozs of GLD that is in storage......... If SLV trades 300k shares a day the it's conceivable that 1,500,000 ozs/day of silver will leave comex. 3 months and it's zero....as in nada in storage. Possible? let's see.... As silver leaves comex there is a mad scramble to corner the ever declining supply which forces up SLV prices and thus becomes a self fulfilling prophecy. Amazing. No wonder there was so much opposition to SLV. ps. Long SLW by the way.

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