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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 399.01

+0.1%

Dec 19 4:00 PM EST

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To: Tommaso who wrote (17581)	2/13/2009 10:32:19 AM
From: Tommaso	Read Replies (2) of 29622

I have a 15-day trial subscription to Lance Lewis's newsletter, and by chance this morning's edition includes a very vigorous rebuttal of the idea that GLD could be fraudulent. The arguments and evidence adduced seem to me convincing, including a link to the inventory listing of all the 400 (approx.) ounce gold bars held by GLD. spdrgoldshares.com At this point, it seems to me that the basic structure of GLD is so simple and there are so many powerful interests invested in it that it seems unlikely that it is a dishonest operation. I guess it would be nice if it issued bearer certificates redeemable in gold, but such things would probably be more useful to crooks and terrorists than to most of us.

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