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

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To: orkrious who wrote (26983)2/23/2005 8:57:28 PM
From: Square_Dealings  Read Replies (1) of 110194
 
It seems pretty clear that GLD is just ammo for the commercials to control gold. It is supposed to track gold but if you watch futures trade compared to GLD, there is a big spread.

Also these guys take in the money which is supposed to be converted to bullion and then they dont buy any bullion for a month. Then they use the funds to knock down the price of the futures so they can buy below the price at which they sold the GLD shares to the public.

Total rip off

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