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


To: ild who wrote (73453)11/1/2006 5:08:23 PM
From: aknahow  Read Replies (2) | Respond to of 110194
 
I am making bread. Needed to knead the dough. But really needed to check GLD to perhaps make some bread.

After checking every day , you beat me to the big one. This seems significant but it might not be. When we see the premium on the shares it may indicate that selling short shares by participants and delivering gold to receive new shares and cover the shares shorted, was a no brainer.

But even if a demand for gold did not generate the delivery it is still of great significance that the existence of a gold etf can lead to purchases of gold both when the pog is falling and when it is rising. Sure it could work the other way too.

Am glad to see the large delivery.



To: ild who wrote (73453)11/2/2006 5:04:33 PM
From: aknahow  Read Replies (1) | Respond to of 110194
 
And today they only deposited another 3 tons at GLD.

01 Nov 2006 12,755,744.16 396.74 7,830,424,689.18

02 Nov 2006 12,854,973.49 399.83 7,976,760,251.98