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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: orkrious who wrote (26983)2/22/2005 7:40:32 PM
From: ild  Read Replies (2) of 110194
 
Ork, do you agree with James Turk? I do not. IMO GLD is gold and launch of GLD and IAU is a very important event.

<<<Since launching in November 2004, GLD has gathered some $2 billion of assets. Its sponsors would have us believe that this $2 billion is newly created gold demand, but this proposition is self-evidently preposterous given that the gold price has fallen $30 since GLD was launched.>>>

Very crooked logic. So if GLD is "real" then POG may not fall any more?
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