I found this interesting:
More (long): http://www.sprott.com/markets-at-a-glance/open-letter-to-the-world-gold-council/
The WGC responded with some weak sauce (the comments to the article are entertaining)...
Continued from last year's thread...
It's been 3 days since the last report.
The following report details changes from 12/30 @ ~9am to 1/2 @ ~9am:10 ozt gold bars - from 69 to 54. Pamp (-10), JM (-4), JM "bache" (-1 sold out)1 ozt gold bars - from 2498 to 2196. Apmex (-59), Pamp (-142), Pamp...
Silver to gold ounces sold = ~54.87 : 1 ratio.
At an average (over the course of the year) GSR of say, 54, that looks to be roughly even money going into physical gold and silver from the US Mint.
Amazing. Investment demand outpaced domestic production all by itself. We must have imported a "few" tons of silver for industrial use too I guess.
Interesting that US Mint sales confirm what Turk and Sprott have been saying about dollars going in to silver and gold at a 1:1 pace. GSR @ ~53 is heavy on gold when demand appears to be 1:40 right now.
I found this nice technical anylysis http://www.scotiamocatta.com/scpt/scotiamocatta/prec/SilverForecast2012.pdf
I think overall in 2012 silver will do better ôn a % basis than the major stock indexes, bonds and cash. Dare i say also than gold, the metal of the gods? After the 2011 correction...
It was just two weeks ago that reports of demand for physical gold in India was waning on the weakness of the Rupee were breaking news.
It's been about a month and a half...
As mentioned in my original 100 ozt silver bar watch thread, I've started an Excel spreadsheet to track the inventory of a few gold and silver products at apmex. This isn't an exact science, but hopefully will yield some useful information anyway.
The following report details changes from...