Gold price, page-8940

With thanks to anton and slim.
Raises the question of the pog at which BDR sells. If it's closer to SGE's than Comex's, then today's expected sp plunge in reaction to Comex would be an oversell. Nothing new here.
Hey atomic, could you please check with SJ about the basis of BDR's gold selling price in your next chat with him? Thanks.
Come to think of it, perhaps if we calculate backward starting from a notional current pog and deduct the est. commission/fee charged by the dealers in 99.99% pure bullion, by the mint, shipping companies, etc. we'll arrive at a fair value for the pog sold by BDR.
If this back calc. method is correct, then BLK and NST have done very well to hedge at > $1,700/oz. In comparison, SAR and RRL hedge at < $1,600/oz. BDR doesn't hedge, though. All the more important to sell at closer to SGE pog.
Cheers. R.