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<p>[QUOTE=&quot;Cloudsweeper99, post: 931219, member: 3011&quot;]Oddly enough, this isn&#039;t necessarily true.&nbsp; When you see statistics on inventories, it only includes metal deposited in COMEX or other similar location so that it is available to deliver.&nbsp; Metal that is stored in private locations is not measured.&nbsp; So when you see inventories rise, it may just reflect so much demand that sellers must deposit bullion for industrial users or investors to take delivery.&nbsp; It just isn&#039;t that clear cut and inventory levels are misleading as an indicator of where price will go.[/QUOTE]</p><p><br /></p>

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