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$1,391.7 gold futures

Thanks for the info, I haven't done any calculations, but the...

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Skol

32,983 Posts.

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09/10/15

07:47

Post #: 16142409
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Originally posted by timber1956 ↑

Skol

Thank you for the link.

Do you know what the correlation is between changes in GLD inventory and the price of gold is since the inception of the GLD in 2004?

0.88

That is very high. It makes sense given the connections between the gold ETFs and COMEX through the bullion banks. The interesting question is, which one leads and which one follows?

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Thanks for the info, I haven't done any calculations, but the chart shows the correlation is quite high.

Here's another link if you don't have it of comex/gold inventory, silver inventory, lease rates and COT.

http://mdbriefing.com/gold-rumors.shtml
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0 Great analysis

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