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


To: aknahow who wrote (51143)1/24/2006 5:07:22 PM
From: aknahow  Read Replies (1) | Respond to of 110194
 
Great job, George! Another accurate prediction. Way to go!!
Participant broker/dealers deliver 3.09 tons to GLD, on 24 Jan.

23 Jan 2006 9,338,462.22 290.46 (tons) 5,176,819,388.43
24 Jan 2006 9,437,992.32 293.55 (tons) 5,257,906,294.07

Seriously what use if any can be made of knowing that 1 to about 3 tons of gold will be or has been bought for delivery into the GLD ETF???

Tentative use would be at least to not short gold when one believes there is a good reason others have bought or will be buying. But aside from this what potential uses exist for predicting gold deliveries based on a close to 10 basis points premium on gold shares?

Real time quotes of GLD shares and spot gold might help one see the premium quicker and perhaps action prior to the broker/dealers.

Have deliveries of gold to the GLD ETF predicted anything about the movement of the pog? I lack the ability to carry out a statistical analysis. But the answer to this question might make predicting deliveries of greater use.