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<p>[QUOTE=&quot;medoraman, post: 1722368, member: 26302&quot;]When you have time, and if you can find it, all I am saying is we should look at what inventory levels were in the 90&#039;s until now to put COMEX inventories in perspective. During a bull market its pretty normal to be more activity, therefor more demand to have physical storage there. If investment money is flowing out of PM due to other investment options, it COULD be natural for physical inventories to be lowered due to lack of demand. That is why I was saying only looking at a few years inventory may not tell the whole story. </p><p><br /></p><p>Find a chart from 1999 or 2000 that proves me wrong, and I will be the first to admit I was wrong. I love learning new things based upon sound data.[/QUOTE]</p><p><br /></p>

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