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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (21965)11/18/2004 12:52:43 PM
From: russwinter  Read Replies (3) | Respond to of 110194
 
<trade the equivalent of 85k ounces??>

How do you calculate that? Don't they come out regularly with shares outstanding, will expand and contract, but don't know how you can tell intra-day the first day of trading? 4.6 million shares just a half a day so far.

This thing and price of gold (POG) has been front run by the boyz, they will need to skim some milk and scam some people, then we should be OK. I'd be more worried about a sharp USD counter-rally personally, which is why I'm lighter on PMs and anti-USD trades at the moment.