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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: carranza2 who wrote (132109)3/16/2017 4:04:47 AM
From: TobagoJack1 Recommendation

Recommended By
fred woodall

  Read Replies (3) of 217696
 
some boyz considering organizing an etf that is simple and elegant

it could be that, given the gold price suppression via paper-gold, gold shall end up being only correctly priced once in our life time, when paper-gold defaults and physical gold de-couples
there are folks trying to organise the doomsday trade, namely

(i) requiring clients to purchase and desposit for storage physical gold, and
(ii) simultaneously short paper-gold of equal quantity, and
(iii) sit back and wait.

the net position is inconsequential, storage cost insignificant, and carrying cost of the short paper position negligible.

pay-day dawns when paper-gold / hypothecation collapses and trades triple-waterfall down to zero, and physical goes to any number above 5K

pop corn?
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