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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (51563)1/26/2006 4:53:12 PM
From: aknahow  Read Replies (2) of 110194
 
No addition today. Still don't know what the premium was for today 26 Jan.

I am not knocking GLD, but rather just indicating that one might want to seriously acknowledge that not all the gold held by this and other gold ETFs represents new demand.

When I eventually do buy GLD shares, my demand will be new but some others have simply switched from one way of holding gold to using an ETF.
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