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Politics : Welcome to Slider's Dugout
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To: hubris33 who wrote (4068)12/11/2006 7:25:58 AM
From: Fun-da-Mental#1  Read Replies (1) of 50722
 
Hubris, that does not add up. You wrote

Identifiable investment: 327
of which ETFs: 148

"of which ETFs" is part of "Identifiable investment", but it is being counted as a separate item in adding up the total. Correcting this error gives:

Total demand: 1636
Total supply: 1640

So demand and supply are basically equal, which they have to be, as long as the market is liquid. For every buyer, there is a seller. If demand actually exceeded supply, there would be a waiting list to buy gold.

Fun-da-Mental
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