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

To: Square_Dealings who wrote (73484)11/2/2006 8:21:31 AM
From: aknahow  Read Replies (1) | Respond to of 110194
 
Well, am sorry, that at this late date, you apparently still believe some of the lies told about GLD, by those that had a vested interest in seeing it not work.

Of course the delivery of physical was real. There is an economic incentive for the participants to either deliver physical or withdraw physical. This incentive, which allows the authorized participants to make money without risk is what keeps the premium and or discount reasonable.


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