Just having a look at website stats on Gold Stackers. For us, the week of April 15-19 (Mon-Fri) was the busiest trading week in April, which has just been nuts all month overall in terms of volume. This is reflected in the website stats - on the Monday and Wednesday, website traffic to the Gold Stackers website was on a par with Cyber Monday back on Monday 26th November, albeit spread out over the day rather than concentrated in the morning - whereas the Tuesday, our busiest day that week, website traffic was double our Cyber Monday traffic. To put that into perspective, traffic on the Tuesday was a twelve-fold increase over a "normal" day. The week as a whole was about a five-fold increase in traffic over normal. Not surprisingly, Tuesday 16th was when gold momentarily dipped to $1284 AUD. This is actually not a bad correlation to other measures like ounces sold etc, which might help people understand the massive drain on short-term physical supply. 3 weeks of sales concentrated into 3 days in an industry where product is generally not stockpiled by manufacturers, but produced pretty much on a just-in-time basis. I think it explains a persistent headache I've been having all month! Traffic on Silver Stackers was also at a record peak on that day, with 9,000 visits and over 100,000 page views - about 2.5 times normal. I'm sure this post will lead to some other dealers madly reviewing their web analytics
Any comparative numbers you care to share on sales figures ? GSR and such ? Not asking for actual dollar values but like was it your busiest month over all based on that week etc ?
Thanks GP - there was an interesting snippet in the Casey research newsletter too - thinly disguised as a "Buy your gold now through Hard Assets", but interesting nevertheless: Article was by Jeff Clark http://www.caseyresearch.com/cdd/buy-gold-now
How is your headache bigbird? I curious to hear if you have seen another big spike in volume again this week or if these big price dips are starting to scare people away.
