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amarksp

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amarksp

Re: lvlamb post# 14273

Wednesday, 09/21/2005 4:11:40 PM

Wednesday, September 21, 2005 4:11:40 PM

Post# of 19037
Louis, COMEX gold is peanuts!!

If this is accurate, daily volume at LBMA is 15.2M ounces per DAY for Sept 05 vs. 16M oz total net commercial short on Comex as of last week.
http://www.lbma.org.uk/clearing_table.htm

Why do people (like you!!) even bother to analyze COMEX COT, it is clearly immaterial in the grand scheme of things.

More important would be to analyze London AM and PM fix which is likely how the LBMA clearing gets settled, i.e. that 15.2M ounces traded per day...

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