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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (26992)2/22/2005 7:43:28 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
my guess is that it's legitimate. they buy futs until the can settle for the real thing. whether it is or it isn't, in the long run it won't matter and I agree that it is a very important event



To: ild who wrote (26992)2/23/2005 4:59:21 PM
From: Jim Willie CB  Respond to of 110194
 
the launch of GLD ETF might have defined the gold price top
my guess is that speculation waited waited and anticipated
when GLD was launched, it might have been corrupted out of the gate with physical demand diverted with some collusion

my central concern in the future months re GLD is whether paper gold certificates from the 1994-2000 era of gold shorting gone haywire (MO of gold cartel) will get thoroughly interspersed with GLD gold certificates

my guess is 95% yes, you betcha
why do so few gold enthusiasts ignore the role of the World Gold Council and their buddies in the gold cartel
they are knee deep in the GLD itself
they helped to set up all its rules

I maintain 2:1 odds the GLD is totally corrupted
and it is no coincidence to me that gold is down since its launch
physical gold demand has been diverted
a few key shorting suspicious events occurerd with GLD
the list goes on
same game, different table in the casino
too bad really, since a good concept
bad planning, wrong planners, they let the criminals inside

/ jim