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Factoids: Commodities Produced Vs. Amount Traded

scott
edited March 2012 in Off-Topic
From: http://sprott.com/markets-at-a-glance/the-[recovery]-has-no-clothes/

"
Commodity Daily Paper Volume Traded Units Exchanges Daily Physical Production* Trading Volume / Production Volume
Oil 1,122,369,441 Barrels ICE, NYMEX, ICE Brent 78,000,000 14.3 X
Aluminum 7,234,954,585 Pounds Shanghai, LME 154,440,000 46.8 X
Gold 16,051,790 Ounces Comex 230,000 69.7 X
Copper 7,242,499,591 Pounds Shanghai, Comex, LME, MCI 96,400,000 75.1 X
Silver 286,120,771 Ounces Comex, MCI, Tocom 2,000,000 143.0 X"

Comments

  • beebee
    Jing does a nice job of screen capture so I thought I would recapture your highlight. Thanks for this article.

    image
  • catch22catch22
    edited March 2012
    Hi bee:

    You smarty pants. I will have to try the Jing Thing. Thanks for alerting us to this.

    As to the charts (saw these on Bloomberg tv) I thought at the time, trading volume "X" with these commodities make the slight negative yield for the several recent TIPs auctions seem very tame.

    Catch
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