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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (4659)	12/13/2006 12:31:40 PM
From: aknahow	Read Replies (1) \| Respond to of 29622

Again thanks! Did you see the volume in GLD today, right before spot gold rose? This might be an indication that their was a purchase of physical for delivery, Not saying there was but worth checking later today. Yesterdays premium as reported was low and would not have predicted a delivery, but we have no idea of what the intra day premiums were.

To: The Vet who wrote (4659)	12/13/2006 4:38:51 PM
From: aknahow	Respond to of 29622

I think GLD will show a delivery today based on the volume of shares traded, at about the same time, at the low pog for the day. June was one of the highest volume months for GLD and also one of the highest delivery of physical gold months. Does not prove anything but indeed the volume of shares traded at discreet points in time is a mirror image of tons delivered. I am not sure but I don't think that the retirement of shares or delivery of shares in exchange for gold shows up as volume of shares traded. I am not sure because obviously the shares must be purchased in order to deliver them to obtain the gold. So perhaps they do show up in volume. But if the participants are receiving gold I don't think the pog would spike up when the volume does. Sp large concentrated spikes in volume without any relate up move in the pog may be a sign of withdrawals??