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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: ild who wrote (48902)3/29/2006 8:43:02 PM
From: aknahow  Read Replies (1) of 116555
 
That's fine. But thanks to your doubts and questions, I resolved mine. It is an obvious operation. It obviates the silly senseless conspiracy theories.

Have managed billions for a few basis points and now see how the GLD ETF authorized participants are able to make a small amount on millions which results in keeping the GLD ETF premium near to nothing.

I see the operation clearly but would have never ben able to come up with the concept. But that's better than not being able to see it at all. <g>
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