Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

Bron Suchecki
Member since May 2012
12 commentaries -

0 followers

has posted a comment on the article :

COMEX stock drawdown: single most important metric to watch

- Bron Suchecki - Perth Mint

We do disclose how much unallocated we hold, it is in our annual report and has been there for many years. Below are the figures in AUD billions as well as client numbers.

2005 $0.5b 3000
2006 $0.9b 3400
2007 $1b 4970
2008 $1.5b 6500
2009 $1.9b 14500
2010 $2.5b 16700
2011 $3.3b 20000
2012 $3.5b 23000

Those numbers are a mix of gold and silver, which yes we do not breakdown, but the numbers as disclosed give investors a sense of the size of the operation.

Commented 4014 days ago

Send

Beginning of the headline :To understand what is going on with COMEX stocks, don't look at the stock level - it will lead you astray. You need the metric I presented at the Gold Standard Institute's 2009 seminar; one which Professor Fekete thought was the single most important metric to determine stress in the market. The second thing you need to do is put recent market action in historical context. Firstly, lets review some historical stock levels for gold and silver for some key years - the 1980 peak, the 2001 bottom,... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis