SI
SI
discoversearch

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.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (48232)3/29/2006 6:04:54 PM
From: aknahow  Read Replies (1) of 116555
 
The potential remains for a purchase and delivery of physical gold whenever the GLD ETF shares trade at a 10 b.p. premium to spot gold.

This is of interest to me since the purchase and delivery will be made regardless of the fundamental or technical picture for gold. It will be done because that will be the way to make 10 or more b.p. on millions of dollars.

The question remains, however, will GLD shares once again sell at a premium to spot gold or will they trade at a discount?

Nonetheless, knowing that 3 or more tons of gold might be purchased even as the pog is going up, makes me feel more bullish.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News