More:
https://www.bullionstar.com/blogs/ronan-manly/amid-london-gold-turmoil-hsbc-taps-bank-of-england-for-gld-gold-bars/
Houston London, we have a problem...
http://kingworldnews.com/andrew-maguire-smashed-gold-today-hsbc-shocks-clients-closing-london-gold-vaults/
http://kingworldnews.com/celente-closing-london-gold-vaults-will-shake-world/
According to the GLD website:
http://www.spdrgoldshares.com/usa/gold-bar-list/
So, relax everybody. Most...
"The SPDR Gold Trust GLD suffered net outflows of $6.77 billion in April, with losses for the year to May 8 at $14.67 billion, according to data from IndexUniverse."
So where does $14.67 billion in GLD gold go? I thought GLD represented actual bars of gold somewhere. Do they sell any excess...
The GLD exchange traded fund is undergoing big changes, with sudden reduction in its gold inventory. Giant raids are being executed by the big US banks. They struggle mightily to meet demand and to prevent a price spike that would result from a default. The news story is simple, but the meaning...
Each massive drop in inventory was followed by a great price rally.
http://www.gotgoldreport.com/2013/02/huge-gld-metal-reduction-scary-buying-op-.html
Come and see the re-hypothecation inherent in the system:
More: http://www.silverdoctors.com/ned-naylor-leyland-reveals-actual-owner-of-bob-pisanis-gld-gold-bar/
:flail:
Funny video, Managing Director of GLD owns physical and miners :doodoo:
Just in case you forgot about LBMA "rules", see here: http://www.pmbug.com/forum/f4/%5Bvideo%5Dlondon-bullion-market-ponzi-paper-scheme-exposed-397/
Also note that he contradicts the prospectus which says that trust pm...
I am new here. Thank you for providing this resource.
I travel quite often as a result it is very difficult for me to hold physical gold. I have been researching other options. All have some pros and cons. ETF's seem appealing for their liquidity and ease of use. I have read that this GLD has...
I haven't talked much about the issue of price suppression yet, but Chris Powell of GATA posted a nifty summary of some significant events over the last couple of years and I highly recommend reading it if you are not familiar with the story:
Much, much more: http://www.gata.org/node/10613