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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Alex who wrote (5677)1/12/1998 11:33:00 AM
From: Gary  Respond to of 116762
 
Alex,
That is my take as well. One cannot be led to believe gold Comex stocks are getting low when we see it at 460,000 Ozs. . It can be restocked quickly. I am curious to know more about this process! I know from being in business many years that order desks and purchasing agents can get creative when stocks get low. On the other hand it serves no good purpose for gold pricing to show gold " in stock" at high inventory levels. One would almost have to know someone in the Comex to understand where they draw thier inventory from and how supply levels look.
For " big guy" : You can get daily stock reports on the Jon Kaplan site.

Gary