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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (4664)	12/13/2006 1:53:51 PM
From: aknahow	Read Replies (1) \| Respond to of 29622

I am not saying that but it is possible that trading shares of GLD might offer advantages that trading futures does not. I am not aware of what they are. The authorized participants are simply shorting shares and delivering a corresponding amount of gold to get newly issued shares to cover the shorts, or they are buying shares at a discount to turn in for gold. But all the participants are part of firms that have many books of business. The Vet replied to a post I made mainly in jest but he opened my eyes to what the volume of trading and timing in trades might indicate in terms of when a purchase of gold for delivery to the ETF has been made.