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


To: TrueScouse who wrote (7398)5/2/2006 9:57:35 AM
From: IngotWeTrust  Respond to of 8010
 
I don't understand how you say it took XYZ off the market.

That simply is a myth.

Does it not STILL exist?

Is it not STILL for sale at a discovered price?

A silver ETF is not a consumptive use,
...just another storage facility

All COMEX silver is in storage. When it is bought or sold it is moved by the forklifted palletsful from yellow painted squares bearing ownership designation signs--painted on the floors--in COMEX approved warehouses into the aisle portion, and then back again, or even to another "yellow painted square."

COMEX silver is not a consumptive use either. The silver has just switched storehouses, and if the good delivery bars had eyes, they would see different forklift drivers...that's all.

G_T



To: TrueScouse who wrote (7398)5/2/2006 10:12:15 AM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 8010
 
Howy, talk slower, louder and repeat a couple of times.
I am not following.
Aren't shares outstanding the part of authorized shares actually issued, evemtually registered for a part or the total?
Outstanding = available for trade, not remaining or I miss something?

Market hardly opened and you make me think. <ng>

All I can remember was a PR last week announcing that Barclays deposited 15 mio oz at a custodian.

All I can see is that there are 21 mio oz in the trust.