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

To: Broken_Clock who wrote (59404)	4/25/2006 10:15:29 AM
From: aknahow	Respond to of 110194

The trading volume will impact the demand or supply of silver only indirectly. Silver will be purchased and delivered for baskets of shares only when the shares trade at a premium sufficient to permit shorting shares and buying silver for delivery, at the same time, and sufficient quantity to produce a profit for the authorized broker dealers. These authorized participating dealers are not in this case interested in what silver is "going to do" They will be capturing the premium or the discount should they be able to deliver shares for silver. Look at streettracksgoldshares.com You will see the current market value of gold in storage for GLD. Use the internal link "Financial information". Will show no additions or withdrawals for many days. Deliveries are related to premiums. Not possible to track exactly how or when purchases of gold take place, as premium/discount varies based on the changing price of both shares and spot. But the site shows the premium discount with a 20 min. delay for both. Up days or down days do not mean that shares will not trade at a premium or discount sometime during the day in spite of what gold is doing. Deliveries take place in units of around 3.1 tons. This used to equate to $50,000,000.