Precious and Base Metal Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Valuepro who wrote (33238)	12/9/2004 1:28:45 PM
From: loantech	of 39344

Silver sure got hit!!!!!!!!! 39 Date: Thu Dec 09 2004 13:00 rjjj670 (trotsky (rijjj) ) ID#216226: Copyright © 2002 rjjj670/Kitco Inc. All rights reserved I'm not saying the etf willingly dumped gold. I'm saying it had to because a large holder of etf shares dumped shares on the market. this caused a mismatch between share price and NAV. Since the etc tracks gold, this forced the etf to sell gold and buy etf to reallign the two. In other words, a large holder of etf shares can force the etf to dump gold merely by selling his etf shares. The etf thus becomes a tool of TPTB.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next