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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: aknahow who wrote (7324)4/29/2006 12:55:42 PM
From: Louis V. Lambrecht  Read Replies (2) | Respond to of 8010
 
Movements into and out of GLD usually have had a value of $50 million dollars and have been mostly around 3.1 tons or multiples of that.

Lessie: 3.1 tons @ 32 151 troy ounces/ ton = 99 668, might we say hundred tousend?
I need to check the prospectus, such a round number is suspect, and could be a provision of the ETF's management rules.

Fwiw, leave time to time: if the rules of the GLD are followed, warehouse stocks for the SLV will appear Monday, as per close of Friday on the Nymex site nymex.com



To: aknahow who wrote (7324)4/29/2006 7:26:14 PM
From: TobagoJack  Respond to of 8010
 
george, thank you for the points.

i keep in mind that we have had a tech bubble, housing bubble, stock bubble, debt bubble ... and now, what is left to be bubbled?

cannot think of a single thing, except all things that are actually things :0)

gold and silver have good track records, and so we best stay traditional, and hold true to ancient teachings ;0)


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