Note: I have edited this exchange a bit and added much more detail to the answer for the sake of completeness and coherence.
From: xxxxxxxxxxx
To: “arthurcutten’at’yahoo.com”
Sent: Tuesday, March 8, 2016 11:05 AM
Subject: comex owners per oz.
“Number Of Owners Per Ounce Of Registered Gold Goes Exponential”
Hi, can u maybe comment on the latest ratio of owners per oz, my concern is in a controlled paper price PM market does it even matter? will it only matter when the chickens come home to roost on their golden eggs only to find out they arent there…..