Hard to tell from the 2011 Annual Report, but they could have up to 100,000ozs at a Put price of $1425. I guess this has been taken into account in today's price.
Still I will be buying the physical at these prices, because I see it as an orchestrated attempt by central banks to sell paper and buy up physical to cover what they are missing.
Hard to tell from the 2011 Annual Report, but they could have up...
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