Agoracom Blog

Gold Comment in Marketwatch

Posted by Peter Grandich at 5:15 PM on Wednesday, November 26th, 2008

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2 Responses to “Gold Comment in Marketwatch”

  1. Jacquie says:

    Tomorrow is the 1st day they can demand delivery of physical gold from Comex for the December contracts.

    Here’s an interesting snippet….

    There are persistent rumors in trading circles that an unusually large number of long contract holders intend to stand for delivery in December for both gold and silver. There is good reason for that. Bullion dealers desperately need metal to fill mushrooming customer orders.

    http://www.resourceinvestor.com/pebble.asp?relid=47347

  2. Chris ruel says:

    So far they’ve delivered some of the contracts…we’ll see if they run out if the demand for delivery comes on……

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