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


To: aknahow who wrote (7357)4/30/2006 1:40:39 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 8010
 
When I buy a dozen of eggs, I got 12 eggs, no matter if they are calibrated at 45 grams or 55 grams.
Sorry, until further notice, I keep translating your 3.1 tons whatever the price can be as 100K oz.
I like round numbers <vbg>.

I could buy specifically a dozen of XL eggs calibrated at 55gr, this would be the same as specifying to my broker that I would want IAU (Comex specified warehouse deposits), no GLD (prospectus NAV to price stocks, basket adjusted or whatever).

As I keep saying, it does bot matter to be right or wrong, what matters is to trade against a crowd and what the crowd believes to be right.
Discussions over IAU vs. GLD here does give me right. Like it or not.<g>