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Thursday, December 29, 2005 11:28:06 PM
255.54 tonnes taken off the market now since the IPO, that's +1.55 tonnes that was added today, and a rare feat. GLD has now taken a net positive of physical $GOLD off the market for 3 sessions straight, the only 2 other times this happened in its' history is literally when it went public back on November 18, 2004.
On November 18, 19, and 22nd (of '04), the total net asset value tonnes in the trust went from +8.09 to +57.85 to +87.09 on the first 3 days of being public.
And on November 24, 26, and 29th (of '04), the tonnes in the trust gained from 87.09 on the 23rd to +96.42, 100.46, and 103.57 in the following 3 sessions.
Now here we are and the trust has gained in tonnes held from 241.61 on December 23 to 247.80, 253.99, and 255.54 the past 3 sessions.
***IS IT SAFE TO SAY THAT THE INTEREST IN GLD IS AS STRONG NOW AS WHEN IT WENT PUBLIC???***
*Please note the tonnes now held in the GLD trust fund is larger than many medium-sized countries!!!
On November 18, 19, and 22nd (of '04), the total net asset value tonnes in the trust went from +8.09 to +57.85 to +87.09 on the first 3 days of being public.
And on November 24, 26, and 29th (of '04), the tonnes in the trust gained from 87.09 on the 23rd to +96.42, 100.46, and 103.57 in the following 3 sessions.
Now here we are and the trust has gained in tonnes held from 241.61 on December 23 to 247.80, 253.99, and 255.54 the past 3 sessions.
***IS IT SAFE TO SAY THAT THE INTEREST IN GLD IS AS STRONG NOW AS WHEN IT WENT PUBLIC???***
*Please note the tonnes now held in the GLD trust fund is larger than many medium-sized countries!!!
HI-HO SILVER !!!
