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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.22

-0.2%

Nov 21 4:00 PM EST

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To: TobagoJack who wrote (69799)	12/20/2010 7:54:00 AM
From: carranza2	Read Replies (1) of 217917

Inevitable propaganda. What is forgotten is that before the gold ETFs, there were gold mutual funds such as those run by Van Eck. A determined investor could own the mutual funds that invested in gold miners and get exposed to gold in that way. Krugerrands, too, back in the day. bloomberg.com “There was a potential perfect storm scenario where suddenly gold would fall into the clutches of hedge funds and momentum traders in very, very aggressive, leveraged plays, which could spike the price and then drop the floor out from underneath it,” Burton recalls of the talks.

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